EX-11 2 c95275exv11.htm EARNINGS PER SHARE COMPUTATION exv11
 

Exhibit 11

XATA CORPORATION

EARNINGS PER SHARE
Three and Six Months Ended March 31, 2005
                 
    Three Months     Six Months  
    Ended     Ended  
    March 31, 2005     March 31, 2005  
BASIC AND DILUTED COMPUTATION
               
 
               
Net loss
  $ (1,549,833 )   $ (2,543,673 )
Less: preferred stock dividend
    (41,753 )     (82,122 )
 
           
Net loss as adjusted
    (1,591,586 )     (2,625,795 )
 
           
 
               
Weighted average shares outstanding
    7,171,870       7,151,214  
 
               
 
           
Basic and diluted loss per share
  $ (0.22 )   $ (0.37 )
 
           
 
               
BASIC AND DILUTED COMPUTATION LOSS TO COMMON SHAREHOLDERS
               
 
               
Net loss
  $ (1,549,833 )   $ (2,543,673 )
Less: preferred stock dividend
    (41,753 )     (82,122 )
Less: preferred stock deemed dividend
          (110,202 )
 
           
Net loss to common shareholders
    (1,591,586 )     (2,735,997 )
 
           
 
               
Weighted average shares outstanding
    7,171,870       7,151,214  
 
           
 
               
Basic and diluted loss per share
  $ (0.22 )   $ (0.38 )