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Previous: GOLDEN STATE VINTNERS INC, 10-Q, 2000-11-14 |
Next: GOLDEN STATE VINTNERS INC, 10-Q, EX-27, 2000-11-14 |
<PAGE>
GOLDEN STATE VINTNERS, INC.
STATEMENT REGARDING COMPUTATION OF PER SHARE EARNINGS
(IN THOUSANDS, EXCEPT PER SHARE DATA)
EXHIBIT 11
Basic and fully diluted earnings per share ("EPS") are determined as follows:
<TABLE>
<CAPTION>
THREE MONTHS
ENDED
SEPTEMBER 30,
-------------------
2000 1999
-------- --------
<S> <C> <C>
Basic EPS Computation
Numerator:
Net income................................................ $ 543 $ 331
Denominator:
Weighted average common shares............................ 9,498 9,498
======= ======
Basic EPS................................................... $ 0.06 $ 0.03
======= ======
Diluted EPS Computation
Numerator:
Net income and assumed conversions........................ $ 543 $ 331
======= ======
Denominator:
Weighted average common shares outstanding................ 9,498 9,498
Stock options............................................. 140 105
------- ------
Adjusted weighted average common shares................... 9,638 9,603
======= ======
Diluted EPS................................................. $ 0.06 $ 0.03
======= ======
</TABLE>
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