EX-11 2 v416900_ex11.htm EXHIBIT 11

 

Exhibit 11

 

OURPET’S COMPANY AND SUBSIDIARIES

 

STATEMENT OF COMPUTATION OF NET INCOME PER SHARE

 

(Unaudited)

 

   For the Three Months Ended   For the Six Months Ended 
   June 30,   June 30, 
   2015   2014   2015   2014 
                 
Net income  $262,076   $147,755   $475,868   $282,184 
                     
Preferred Stock dividend requirements   (11,399)   (27,826)   (22,672)   (55,346)
                     
Net income attributable to common stockholders  $250,677   $119,929   $453,196   $226,838 
                     
Basic weighted average number of common shares outstanding   17,558,838    16,897,781    17,555,973    16,798,259 
                     
Preferred Stock Common Share Equivalents   1,236,160    -    1,236,160    - 
                     
Dilutive Stock Options outstanding for the Period   104,772    586,293    57,958    692,864 
                     
Dilutive Warrants outstanding for the Period   301,649    721,475    322,755    753,503 
                     
Diluted Weighted average number of common and equivalent shares outstanding   19,201,418    18,205,549    19,172,847    18,244,626 
                     
Basic and Diluted Net income per common share  $0.01   $0.01   $0.02   $0.01