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SURGE COMPONENTS, INC. AND SUBSIDIARIES
EXHIBIT 11.3
COMPUTATION OF EARNINGS PER COMMON SHARE
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<CAPTION>
August 31, August 31,
2000 1999 2000 1999
---- ---- ---- ----
<S> <C> <C> <C> <C>
Basic earnings:
Net income $ 1,631,463 $ (20,054) $ 354,008 $ 143,263
----------- ----------- ----------- -----------
Shares:
Weighted common shares outstanding 4,949,049 4,857,713 4,984,207 4,858,958
Employees stock options -- -- -- --
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Total weighted shares outstanding 4,949,049 4,857,713 4,984,207 4,858,958
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Basic earnings per common share $ .33 $ -- $ .07 $ .03
=========== =========== =========== ===========
Diluted earnings:
Net income $ 1,631,463 $ (20,054) $ 354,008 $ 143,263
----------- ----------- ----------- -----------
Shares:
Weighted common shares outstanding 4,949,049 4,857,713 4,984,207 4,858,958
Convertible debt 865,926 -- 865,926 --
Employees stock options 1,501,316 -- 1,501,316 126,072
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Total weighted shares outstanding 7,316,291 4,857,713 7,351,449 4,985,030
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Diluted earnings per common share $ .22 $ -- $ .05 $ .03
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