ZAPATA CORP
10-Q, EX-11, 2000-08-14
FATS & OILS
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EX - 11

                STATEMENT RE COMPUTATION OF PER SHARE EARNINGS

ZAPATA CORPORATION

Statement Regarding Computation of Per Share Earnings

             
   

Six Months Ended

  Three Months Ended

June 30,
2000

June 30,
1999

June 30,
2000
June 30,
1999
   

 

 
 Net loss (in millions)   $ (3,083 ) $  (1,496 ) $ (410 ) $ (884 )
             
Actual outstanding Common            
Shares at beginning of period   23,888,928 23,877,078   23,887,078 23,877,078
             
Sum of weighted average activity          
of Common shares issued for            
Stock options          
             
Other adjustment     (1,850 )      




Weighted Basic Shares     23,887,078 23,877,078   23,887,078 23,877,078
             
Effect of assumed exercise of            
Common Stock equivalents          
             
Weighted diluted shares     23,887,078 23,877,078   23,887,078 23,877,078
             
Basic earnings per share   $ ($0.13 ) $ (0.06 ) $ (0.02 ) $ (0.04 )
             
Diluted earnings per share   $ ($0.13 ) $ (0.06 ) $ (0.02 ) $ (0.04 )
             
             
             

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