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Previous: MITCHAM INDUSTRIES INC, 10-Q, 2000-09-14 |
Next: MITCHAM INDUSTRIES INC, 10-Q, EX-27, 2000-09-14 |
<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 SIX MONTHS ENDED
JULY 31, JULY 31,
--------------------------- ---------------------------
2000 1999 2000 1999
---------- ---------- ---------- ----------
<S> <C> <C> <C> <C>
COMPUTATION OF BASIC LOSS
PER COMMON SHARE:
Net loss $ (950) $ (2,092) $ (1,743) $ (3,334)
---------- ---------- ---------- ----------
Weighted average number of common
shares outstanding 9,191,000 9,551,000 9,315,000 9,550,000
Loss per common share $ (0.10) $ (0.22) $ (0.19) $ (0.35)
========== ========== ========== ==========
COMPUTATION OF LOSS PER COMMON SHARE
ASSUMING DILUTION:
Net loss $ (950) $ (2,092) $ (1,743) $ (3,334)
---------- ---------- ---------- ----------
Weighted average number of common shares outstanding 9,191,000 9,551,000 9,315,000 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 9,191,000 9,551,000 9,315,000 9,550,000
========== ========== ========== ==========
Loss per common share assuming dilution $ (0.10) $ (0.22) $ (0.19) $ (0.35)
========== ========== ========== ==========
</TABLE>
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