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Previous: IPI INC, 10QSB, 2000-10-10 |
Next: IPI INC, 10QSB, EX-27, 2000-10-10 |
EXHIBIT 11
IPI, INC. AND SUBSIDIARIES
STATEMENT REGARDING COMPUTATION OF EARNINGS PER SHARE
(In Thousands, Except Per Share Amounts)
<TABLE>
<CAPTION>
Three Months Ended Nine Months Ended
August 31, August 31,
------------------ -----------------
2000 1999 2000 1999
---- ---- ---- ----
<S> <C> <C> <C> <C>
Net Income $ 151 $ 457 $ 872 $1,376
Weighted average number of issued shares outstanding 4,859 4,734 4,843 4,734
Shares used in computation of basic earnings per common
stock 4,859 4,734 4,843 4,734
====== ====== ====== ======
Dilutive effect of outstanding stock options and stock
warrants after application of treasury stock method 0 0 0 0
------ ------ ------ ------
Common and common equivalent shares outstanding-diluted 4,859 4,734 4,843 4,734
====== ====== ====== ======
Basic and diluted earnings per common share $ .03 $ .10 $ .18 $ .29
====== ====== ====== ======
</TABLE>
12
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