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EXHIBIT 11.1
THE COAST DISTRIBUTION SYSTEM, INC.
Computation of Earnings (Loss) Per Share
Quarter Ended September 30,
<TABLE>
<CAPTION>
2000
----
Income/(Loss) Shares Per-Share
(Numerator) (Denominator) Amount
------------- ------------- ---------
<S> <C> <C> <C>
Net loss $(957,000)
=========
Net loss attributable to common shareholders $(957,000)
=========
Basic and diluted loss per share $(957,000) 4,330,654 $ (0.22)
========= ========= ========
1999
----
Income/(Loss) Shares Per-Share
(Numerator) (Denominator) Amount
------------- ------------- ---------
<S> <C> <C> <C>
Net loss $(163,000)
Dividends paid on preferred stock of subsidiary (1,000)
---------
Net loss attributable to common shareholders $(164,000)
=========
Basic and diluted loss per share $(164,000) 4,440,464 $ (0.04)
========= ========= ========
</TABLE>
Computation of Earnings (Loss) Per Share
Nine Months Ended September 30,
<TABLE>
<CAPTION>
2000
----
Income/(Loss) Shares Per-Share
(Numerator) (Denominator) Amount
------------- ------------- ---------
<S> <C> <C> <C>
Net loss $ (233,000)
Dividends paid on preferred stock of subsidiary (1,000)
-----------
Net loss attributable to common shareholders $ (234,000)
===========
Basic and diluted loss per share $ (234,000) 4,324,057 $ (0.05)
=========== ========= ========
1999
----
Income/(Loss) Shares Per-Share
(Numerator) (Denominator) Amount
------------- ------------- ---------
<S> <C> <C> <C>
Net income $ 1,332,000
Dividends paid on preferred stock of subsidiary (5,000)
-----------
Net income available to common shareholders $ 1,327,000
===========
Basic and diluted income per share $ 1,327,000 4,733,889 $ 0.28
=========== ========= ========
</TABLE>