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Previous: MITCHAM INDUSTRIES INC, 10-Q, 2000-06-14 |
Next: MITCHAM INDUSTRIES INC, 10-Q, EX-27, 2000-06-14 |
<PAGE> 1
EXHIBIT 11
MITCHAM INDUSTRIES, INC.
STATEMENT RE COMPUTATION OF LOSS
PER SHARE
(IN THOUSANDS EXCEPT SHARE AND PER SHARE DATA)
<TABLE>
<CAPTION>
THREE MONTHS ENDED
APRIL 30,
-----------------------------
2000 1999
------------ ------------
<S> <C> <C>
COMPUTATION OF BASIC LOSS
PER COMMON SHARE:
Net loss $ (793) $ (1,242)
------------ ------------
Weighted average number of common
shares outstanding 9,443,000 9,546,000
Loss per common share $ (0.08) $ (0.13)
============ ============
COMPUTATION OF LOSS PER COMMON SHARE
ASSUMING DILUTION:
Net loss $ (793) $ (1,242)
------------ ------------
Weighted average number of common shares outstanding 9,443,000 9,546,000
Net effect of dilutive stock options and warrants
based on the treasury stock method, using
the average market price -- --
------------ ------------
Common shares outstanding assuming dilution 9,443,000 9,546,000
============ ============
Loss per common share assuming dilution $ (0.08) $ (0.13)
============ ============
</TABLE>
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