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Previous: SURGE COMPONENTS INC, 10QSB, 2000-07-14 |
Next: SURGE COMPONENTS INC, 10QSB, EX-27, 2000-07-14 |
<PAGE>
SURGE COMPONENTS, INC. AND SUBSIDIARY
EXHIBIT 11.2
COMPUTATION OF EARNINGS PER COMMON SHARE
<TABLE>
<CAPTION>
Six Months Ended Three Months Ended
May 31, May 31,
2000 1999 2000 1999
----------- ----------- ----------- -----------
<S> <C> <C> <C> <C>
Basic earnings:
Net income $ 2,307,349 $ (163,317) $ 899,165 $ (64,698)
Shares:
Weighted common shares outstanding 4,931,374 4,857,084 4,973,747 4,858,958
Convertible notes -- -- -- --
Employees stock options -- -- -- --
----------- ----------- ----------- -----------
Total weighted shares outstanding 4,931,374 4,857,084 4,973,747 4,858,958
----------- ----------- ----------- -----------
Basic earnings per common share $ .30 $ (.03) $ .11 $ (.01)
=========== =========== =========== ===========
Diluted earnings:
Net income $ 2,307,349 $ (163,317) $ 899,165 $ (64,698)
Shares:
Weighted common shares outstanding 4,931,374 4,857,084 4,973,747 4,858,958
Convertible notes 882,826 -- 882,826 --
Employees stock options 1,902,110 -- 1,902,110 --
----------- ----------- ----------- -----------
Total weighted shares outstanding 7,716,310 4,857,084 7,758,683 4,858,958
----------- ----------- ----------- -----------
Diluted earnings per common share $ .19 $ (.03) $ .07 $ (.01)
=========== =========== =========== ===========
</TABLE>
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