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Previous: WIRELESS TELECOM GROUP INC, 10-Q, 2000-08-14 |
Next: WIRELESS TELECOM GROUP INC, 10-Q, EX-27, 2000-08-14 |
Exhibit 11.1
WIRELESS TELECOM GROUP, INC.
COMPUTATION OF PER SHARE EARNINGS
(UNAUDITED)
<TABLE>
<CAPTION>
For the Three Months For the Six Months
Ended June 30, Ended June 30,
--------------------------- ---------------------------
2000 1999 2000 1999
------------ ------------ ------------ ------------
<S> <C> <C> <C> <C>
Income from continuing operations $ 194,810 $ 635,095 $ 857,488 $ 1,178,372
Income from discontinued operations
and gain on sale of test equipment business
net of income tax -- 34,819 -- 3,595,671
------------ ------------ ------------ ------------
Net Income $ 194,810 $ 669,914 $ 857,488 $ 4,774,043
============ ============ ============ ============
BASIC EARNINGS:
Weighted average number of common shares
Outstanding 17,240,038 17,520,410 17,201,150 17,538,752
============ ============ ============ ============
Basic earnings per common share:
Continuing operations $ 0.01 $ 0.04 $ 0.05 $ 0.07
Discontinued operations 0.00 0.00 0.00 0.20
------------ ------------ ------------ ------------
$ 0.01 $ 0.04 $ 0.05 $ 0.27
============ ============ ============ ============
DILUTED EARNINGS:
Weighted average number of common shares
Outstanding 17,240,038 17,520,410 17,201,150 17,538,752
Stock options 324,710 -- 635,007 --
------------ ------------ ------------ ------------
Weighted average number of common shares
outstanding, as adjusted 17,564,748 17,520,410 17,836,157 17,538,752
============ ============ ============ ============
Diluted earnings per common share:
Continuing operations $ 0.01 $ 0.04 $ 0.05 $ 0.07
Discontinued operations 0.00 0.00 0.00 0.20
------------ ------------ ------------ ------------
$ 0.01 $ 0.04 $ 0.05 $ 0.27
============ ============ ============ ============
</TABLE>
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