EX-11 2 v377066_ex11.htm EXHIBIT 11

 

Exhibit 11

 

OURPET’S COMPANY AND SUBSIDIARIES

 

STATEMENT OF COMPUTATION OF NET INCOME PER SHARE

 

FOR THE THREE MONTHS ENDED MARCH 31, 2014 AND MARCH 31, 2013

 

(Unaudited)

 

   2014   2013 
         
Net income  $134,427   $223,601 
           
Preferred Stock dividend requirements   (28,303)   (9,764)
           
Net income attributable to common stockholders  $106,124   $213,837 
           
Basic Weighted average number of common shares outstanding   16,695,076    15,883,560 
           
Preferred Stock Common Share Equivalents   -    1,236,160 
           
Dilutive Stock Options outstanding for the Period   825,526    328,024 
           
Dilutive Warrants outstanding for the Period   776,746    198,202 
           
Diluted Weighted average number of common and equivalent shares outstanding   18,297,349    17,645,946 
           
Basic and Diluted Net income per common share  $0.01   $0.01