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Previous: SMC CORP, 10-Q, 2000-11-13 |
Next: SMC CORP, 10-Q, EX-27, 2000-11-13 |
<PAGE>
SMC CORPORATION EXHIBIT 11
STATEMENT OF CALCULATION OF AVERAGE
COMMON SHARES OUTSTANDING
<TABLE>
<CAPTION>
Three Months Nine Months
Ended Ended
September 30, 2000 September 30, 2000
------------------ ------------------
<S> <C> <C>
Basic Earnings Per Share:
Weighted average number of shares 5,763,153 5,774,741
========= =========
Diluted Earnings Per Share:
Weighted average number of shares 5,763,153 5,774,741
Stock option plan shares to be issued at prices
ranging from $3.813 to $9.00 per share -- --
--------- ---------
Total Diluted Shares 5,763,153 5,774,741
========= =========
</TABLE>
Due to the Company's average stock price through September 30, 2000, stock
options accounted for using the treasury stock method would be antidilutive.
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