EXHIBIT 11
TOTAL CONTAINMENT, INC.
STATEMENT RE: COMPUTATION OF EARNINGS PER SHARE
(Unaudited)
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<CAPTION>
Twelve Months Ended Twelve Months Ended Twelve Months Ended
December 31, 1997 December 31, 1998 December 31, 1999
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<S> <C> <C> <C>
Basic:
Average shares outstanding 4,642 4,646 4,668
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Net income applicable to common shareholders $(12,356) $4,323 $(6,476)
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Net income per share amount $ (2.66) $ 0.93 $ (1.39)
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Assuming dilution:
Average shares outstanding 4,646
Effect of dilutive options 214
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Totals 4,860
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Net income applicable to common shareholders $4,323
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Net income per share amount $ 0.89
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The calculation for the twelve month period
for 1997 is not presented as the effect of
the options would be anti dilutive.
</TABLE>