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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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September 30, 2000 |
September 30, 1999 |
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| Net earnings applicable to common shareholders for basic and diluted earnings per share | $ | 320,116 | $ | 593,611 | ||
| Weighted average shares outstanding for basic earnings per share |
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1,297,678 |
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1,297,339 |
| Dilutive effect of stock options computed using the treasury stock method and the average market price |
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6,263 |
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8,838 |
| Weighted average shares outstanding for diluted earnings per share |
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1,303,941 |
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1,306,177 |
| Basic earnings per share |
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$ |
0.25 |
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$ |
0.46 |
| Diluted earnings per share |
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$ |
0.25 |
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$ |
0.45 |
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