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EXHIBIT 11.1
THE COAST DISTRIBUTION SYSTEM, INC.
Computation of Earnings Per Share
Three Months Ended June 30,
<TABLE>
<CAPTION>
2000
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INCOME SHARES PER-SHARE
(NUMERATOR) (DENOMINATOR) AMOUNT
----------- ------------- ---------
<S> <C> <C> <C>
Net earnings $ 311,000
Dividends paid on preferred stock of subsidiary (2,000)
-----------
Net earnings available to common shareholders $ 309,000
===========
Basic and diluted earnings per share $ 309,000 4,330,654 $ 0.07
=========== ========= ======
</TABLE>
<TABLE>
<CAPTION>
1999
----------------------------------------------
INCOME SHARES PER-SHARE
(NUMERATOR) (DENOMINATOR) AMOUNT
----------- ------------- ---------
<S> <C> <C> <C>
Net earnings $ 1,155,000
Dividends paid on preferred stock of subsidiary (2,000)
-----------
Net earnings available to common shareholders $ 1,153,000
-----------
Basic and diluted earnings per share $ 1,153,000 4,625,403 $ 0.25
=========== ========= ======
</TABLE>
Computation of Earnings Per Share
Six Months Ended June 30,
<TABLE>
<CAPTION>
2000
----------------------------------------------
INCOME SHARES PER-SHARE
(NUMERATOR) (DENOMINATOR) AMOUNT
----------- ------------- ---------
<S> <C> <C> <C>
Net earnings $724,000
Dividends paid on preferred stock of subsidiary (2,000)
--------
Net earnings available to common shareholders $722,000
========
Basic and diluted earnings per share $722,000 4,320,723 $0.17
======== ========= =====
</TABLE>
<TABLE>
<CAPTION>
1999
----------------------------------------------
INCOME SHARES PER-SHARE
(NUMERATOR) (DENOMINATOR) AMOUNT
----------- ------------- ---------
<S> <C> <C> <C>
Net earnings $1,495,000
Dividends paid on preferred stock of subsidiary (4,000)
----------
Net earnings available to common shareholders $1,491,000
==========
Basic and diluted earnings per share $1,491,000 4,883,033 $0.31
========== ========= =====
</TABLE>