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Previous: CHROMALINE CORP, 10QSB, 1999-11-12 |
Next: CITY TRUCK & TRAILER PARTS OF ALABAMA INC, S-4/A, 1999-11-12 |
EXHIBIT 11
THE CHROMALINE CORPORATION
COMPUTATION OF NET EARNINGS PER COMMON SHARE
(Unaudited)
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Nine Months Ended |
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|---|---|---|---|---|---|---|
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Sept 30, 1999 |
Sept 30, 1998 |
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| Net earnings applicable to common shareholders for basic and diluted earnings per share | $ | 593,611 | $ | 712,935 | ||
| Weighted average shares outstanding for basic earnings per share | 1,179,409 | 1,167,251 | ||||
| Dilutive effect of stock options computed using the treasury stock method and the average market price | 7,668 | 9,053 | ||||
| Weighted average shares outstanding for diluted earnings per share | 1,187,077 | 1,176,304 | ||||
| Basic earnings per share | $ | 0.50 | $ | 0.61 | ||
| Diluted earnings per share | $ | 0.50 | $ | 0.61 | ||
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