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Previous: KINNARD INVESTMENTS INC, 10-Q, 2000-08-09 |
Next: KINNARD INVESTMENTS INC, 10-Q, EX-27, 2000-08-09 |
<PAGE>
EXHIBIT 11. Statement Regarding Computation of Per Share Earnings
The following reconciliation illustrates the
computation of basic and diluted earnings per share:
<TABLE>
<CAPTION>
(IN THOUSANDS, EXCEPT PER SHARE DATA)
Three Months Ended Six Months Ended
------------------ ----------------
June 30, 2000 1999 2000 1999
---- ---- ---- ----
<S> <C> <C> <C> <C>
Net income $ 254 $ 324 $1,761 $ 678
-------------------------------------- ------------ ------------ ----------- -----------
Weighted average number of 4,886 5,055 4,869 5,207
common shares outstanding
Dilutive effect of stock options and 246 16 266 17
Warrants
Weighted average number of 5,132 5,071 5,135 5,224
common and potential dilutive
common shares outstanding
-------------------------------------- ------------ ------------ ----------- -----------
Basic earnings per share $0.05 $0.06 $0.36 $0.13
Diluted earnings per share $0.05 $0.06 $0.34 $0.13
-------------------------------------- ------------ ------------ ----------- -----------
</TABLE>
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