|
|
|
|
|
|
|
|
|
|
Previous: CATALINA LIGHTING INC, 10-Q, EX-10.196, 2000-08-11 |
Next: CATALINA LIGHTING INC, 10-Q, EX-27, 2000-08-11 |
EXHIBIT 11
CATALINA LIGHTING, INC. AND SUBSIDIARIES
SCHEDULE OF COMPUTATION OF DILUTED EARNINGS PER SHARE
(In thousands, except per share data)
<TABLE>
<CAPTION>
Three Months Ended Nine Months Ended
June 30, June 30,
--------------------------------------------------------------
2000 1999 2000 1999
----------- ----------- ----------- -----------
<S> <C> <C> <C> <C>
Net income $ 1,080 $ 3,873 $ 2,369 $ 5,535
Interest on convertible subordinated notes, net of
income taxes 64 103 250 309
----------- ----------- ----------- -----------
Net income for diluted earnings per share $ 1,144 $ 3,976 $ 2,619 $ 5,844
=========== =========== =========== ===========
Weighted average number of common shares
outstanding for the period 7,744 7,270 7,525 7,218
Weighted average number of shares repurchased
for the period (581) (296) (503) (143)
Shares issuable upon conversion of convertible
subordinated notes 764 1,138 998 1,138
Common equivalent shares determined
using the "Treasury Stock" method
representing shares issuable upon exercise
of stock options and warrants and shares
issuable under contractual agreements 482 647 654 357
----------- ----------- ----------- -----------
Weighted average number of shares
used in calculation of diluted earnings
per share 8,409 8,759 8,674 8,570
=========== =========== =========== ===========
Diluted earnings per share $ 0.14 $ 0.45 $ 0.30 $ 0.68
=========== =========== =========== ===========
</TABLE>
|
|