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Previous: TOUCHSTONE APPLIED SCIENCE ASSOCIATES INC /NY/, 10QSB, 2000-09-19 |
Next: TOUCHSTONE APPLIED SCIENCE ASSOCIATES INC /NY/, 10QSB, EX-27, 2000-09-19 |
<TABLE>
<CAPTION>
TOUCHSTONE APPLIED SCIENCE ASSOCIATES, INC.
AND SUBSIDIARIES
EXHIBIT 11.3
COMPUTATION OF EARNINGS PER COMMON SHARE
----------------------------------------
Nine Months Ended Three Months Ended
July 31, July 31,
(Unaudited) (Unaudited)
2 0 0 0 1 9 9 9 2 0 0 0 1 9 9 9
------- ------- ------- -------
<S> <C> <C> <C> <C>
Basic earnings:
Net income (loss) $ (784,117) $ (108,973) $ 45,262 $ 100,731
Shares:
Weighted common shares
outstanding 2,397,292 2,141,801 2,559,458 2,141,801
Warrants to consultants -- -- -- --
Warrants to lender -- -- -- --
Employee and director
stock options -- -- -- --
Consultant stock options -- -- -- --
----------- ----------- ----------- -----------
Total weighted shares
outstanding 2,397,292 2,141,801 2,559,458 2,141,801
----------- ----------- ----------- -----------
Basic earnings
per common share $ (.33) $ (.05) $ .02 $ .05
=========== =========== =========== ===========
Diluted earnings:
Net income (loss) $ (784,117) $ (108,973) $ 45,262 $ 100,731
Shares:
Weighted common shares
outstanding 2,397,292 2,141,801 2,559,458 2,141,801
Warrants to consultants -- -- -- 9,683
Warrants to lender -- -- 89,160 243,376
Employee and director
stock options -- -- 2,098 5,767
Consultant stock options -- -- -- 2,103
----------- ----------- ----------- -----------
Total weighted shares
outstanding 2,397,292 2,141,801 2,650,716 2,402,730
----------- ----------- ----------- -----------
Diluted earnings
per common share $ (.33) $ (.05) $ .02 $ .04
=========== =========== =========== ===========
</TABLE>
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