EX-11 2 v445469_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, 
   2016   2015   2016   2015 
                 
Net income  $154,634   $262,076   $421,214   $475,868 
                     
Preferred Stock dividend requirements   (27,118)   (11,399)   (54,236)   (22,672)
                     
Net income attributable to common stockholders  $127,516   $250,677   $366,978   $453,196 
                     
Basic weighted average number of common shares outstanding   17,657,516    17,558,838    17,643,936    17,555,973 
                     
Preferred Stock Common Share Equivalents   -    1,236,160    -    1,236,160 
                     
Dilutive Stock Options outstanding for the Period   180,704    104,772    176,227    57,958 
                     
Dilutive Warrants outstanding for the Period   439,115    301,649    430,721    322,755 
                     
Diluted Weighted average number of common and equivalent shares outstanding   18,277,335    19,201,418    18,250,885    19,172,847 
                     
Basic and Diluted Net income per common share  $0.01   $0.01   $0.02   $0.02