EX-11 2 v434344_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, 
   2015   2014 
         
Net income  $1,336,912   $769,275 
           
Preferred Stock dividend requirements   (57,150)   (95,099)
           
Net income attributable to common stockholders  $1,279,762   $674,176 
           
Basic Weighted average number of common shares outstanding   17,569,744    17,046,577 
           
Preferred Stock Common Share Equivalents   1,236,160    - 
           
Dilutive Stock Options outstanding for the Period   121,644    476,893 
           
Dilutive Warrants outstanding for the Period   335,193    635,735 
           
Diluted Weighted average number of common and equivalent shares outstanding   19,262,742    18,159,204 
           
Basic and Diluted Net income per common share  $0.07   $0.04