Exhibit 11, Form 10-Q
Commission File Number 000-22567
The WMF Group, Ltd.
Statement re Computation of Per Share Earnings (Unaudited)
(Dollars in thousands, except per share amounts)
|
|
For the Three Months
Ended September 30,
|
|
For the Nine Months
Ended September 30,
|
|
|
|
1999
|
|
1998
|
|
1999
|
|
1998
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Net income (loss) |
|
$ |
1,540 |
|
$ |
(30,223 |
) |
$ |
450 |
|
$ |
(33,927 |
) |
| |
|
|
|
|
|
|
|
|
|
| Weighted average shares of common stock used for Basic computation |
|
|
11,055,211 |
|
|
5,270,398 |
|
|
10,132,586 |
|
|
5,198,973 |
|
| |
|
|
|
|
|
|
|
|
|
| Weighted average shares of common stock |
|
|
11,055,211 |
|
|
5,270,398 |
|
|
10,132,586 |
|
|
5,198,973 |
|
| Diluted adjustment: |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Assumed exercise of options and warrants (treasury stock method) |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
| |
|
|
|
|
|
|
|
|
|
| Total weighted average shares and equivalents used for Diluted computation |
|
|
11,055,211 |
|
|
5,270,398 |
|
|
10,132,586 |
|
|
5,198,973 |
|
| |
|
|
|
|
|
|
|
|
|
| Income (Loss) Per Common Share: |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Net income (loss) per common share—Basic |
|
$ |
.14 |
|
$ |
(5.73 |
) |
$ |
.04 |
|
$ |
(6.53 |
) |
| |
|
|
|
|
|
|
|
|
|
| Net income (loss) per common share—Diluted |
|
$ |
.14 |
|
$ |
(5.73 |
) |
$ |
.04 |
|
$ |
(6.53 |
) |
| |
|
|
|
|
|
|
|
|
|
