|
|
|
|
|
|
|
|
|
|
Previous: MITCHAM INDUSTRIES INC, 10-Q, EX-10.2, 2000-12-15 |
Next: MITCHAM INDUSTRIES INC, 10-Q, EX-27, 2000-12-15 |
<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 NINE MONTHS ENDED
OCTOBER 31, OCTOBER 31,
------------------------------ ------------------------------
2000 1999 2000 1999
------------ ------------ ------------ ------------
<S> <C> <C> <C> <C>
COMPUTATION OF BASIC LOSS
PER COMMON SHARE:
Net loss $ (1,654) $ (1,070) $ (3,397) $ (4,404)
------------ ------------ ------------ ------------
Weighted average number of common
shares outstanding 9,032,000 9,551,000 9,220,000 9,550,000
Loss per common share $ (0.18) $ (0.11) $ (0.37) $ (0.46)
============ ============ ============ ============
COMPUTATION OF LOSS PER COMMON SHARE
ASSUMING DILUTION:
Net loss $ (1,654) $ (1,070) $ (3,397) $ (4,404)
------------ ------------ ------------ ------------
Weighted average number of common shares outstanding 9,032,000 9,551,000 9,220,000 9,550,000
Net effect of dilutive stock options and warrants
based on the treasury stock method, using
the average market price -- -- -- --
------------ ------------ ------------ ------------
Common shares outstanding assuming dilution 9,032,000 9,551,000 9,220,000 9,550,000
============ ============ ============ ============
Loss per common share assuming dilution $ (0.18) $ (0.11) $ (0.37) $ (0.46)
============ ============ ============ ============
</TABLE>
|
|