EXHIBIT 11
THE CHROMALINE CORPORATION
COMPUTATION OF NET EARNINGS PER COMMON SHARE
(Unaudited)
|
|
Three Months Ended
|
|
|
Mar 31, 2000
|
|
Mar 31, 1999
|
| Net earnings applicable to common shareholders for basic and diluted earnings per share |
|
$ |
50,635 |
|
$ |
142,993 |
| Weighted average shares outstanding for basic earnings per share |
|
|
1,298,056 |
|
|
1,296,525 |
| Dilutive effect of stock options computed using the treasury stock method and the average market price |
|
|
7,436 |
|
|
6,928 |
| Weighted average shares outstanding for diluted earnings per share |
|
|
1,305,492 |
|
|
1,303,453 |
| Basic earnings per share |
|
$ |
0.04 |
|
$ |
0.11 |
| Diluted earnings per share |
|
$ |
0.04 |
|
$ |
0.11 |
