EX-11 2 v404514_ex11.htm EXHIBIT 11

 

Exhibit 11

 

OURPET'S COMPANY AND SUBSIDIARIES

 

STATEMENT OF COMPUTATION OF NET INCOME PER SHARE

 

   For the Year Ended 
   December 31, 
   2014   2013 
         
Net income  $769,275   $1,070,995 
           
Preferred Stock dividend requirements   (95,099)   (57,122)
           
Net income attributable to common stockholders  $674,176   $1,013,873 
           
Basic Weighted average number of common shares outstanding   17,046,577    16,149,942 
           
Preferred Stock Common Share Equivalents   -    1,236,160 
           
Dilutive Stock Options outstanding for the Period   476,893    465,107 
           
Dilutive Warrants outstanding for the Period   635,735    404,968 
           
Diluted Weighted average number of common and equivalent shares outstanding   18,159,205    18,256,177 
           
Basic and Diluted Net income per common share  $0.04   $0.06