EXHIBIT 11
Congoleum Corporation
Computation of Income Per Common Share
(Amounts in thousands, except earnings per share)
<TABLE>
<CAPTION>
Three Months Ended Nine Months Ended
September 30, September 30,
2000 1999 2000 1999
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<S> <C> <C> <C> <C>
Basic Earnings Per Common Share:
Income (loss) per common and common
equivalent share $ 1,725 $ 1,506 $(2,412) $ 3,433
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Weighted average common shares outstanding 8,260 8,662 8,269 8,800
Weighted average common shares 8,260 8,662 8,269 8,800
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Income (loss) per common share $ 0.21 $ 0.17 $ (0.29) $ 0.39
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Diluted Earnings Per Common Share:
Income (loss) per common and common
equivalent share $ 1,725 $ 1,506 $(2,412) $ 3,433
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Weighted average common shares outstanding 8,260 8,662 8,269 8,800
Effect of assumed exercise of dilutive stock options 5 0 0 0
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Weighted average common and common equivalent
shares 8,265 8,662 8,269 8,800
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Income (loss) per common and common equivalent
share $ 0.21 $ 0.17 $ (0.29) $ 0.39
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</TABLE>
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