EXHIBIT 11
THE CHROMALINE CORPORATION
COMPUTATION OF NET EARNINGS PER COMMON SHARE
(Unaudited)
|
|
Six Months Ended
|
|
|
June 30, 2000
|
|
June 30, 1999
|
| Net earnings applicable to common shareholders for basic and diluted earnings per share |
|
$ |
298,385 |
|
$ |
400,761 |
| Weighted average shares outstanding for basic earnings per share |
|
|
1,298,056 |
|
|
1,296,981 |
| Dilutive effect of stock options computed using the treasury stock method and the average market price |
|
|
6,915 |
|
|
7,696 |
| Weighted average shares outstanding for diluted earnings per share |
|
|
1,304,971 |
|
|
1,304,677 |
| Basic earnings per share |
|
$ |
0.23 |
|
$ |
0.31 |
| Diluted earnings per share |
|
$ |
0.23 |
|
$ |
0.31 |
