EX-11 2 v461853_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, 
   2016   2015 
         
Net income  $2,144,593   $1,336,912 
           
Preferred Stock dividend requirements   -    (57,150)
           
Net income attributable to  common stockholders  $2,144,593   $1,279,762 
           
Basic Weighted average number of common shares outstanding   17,688,999    17,569,744 
           
Preferred Stock Common Share Equivalents   1,871,160    1,236,160 
           
Dilutive Stock Options outstanding for the Period   156,532    121,644 
           
Dilutive Warrants outstanding for the Period   418,085    335,193 
           
Diluted Weighted average number of common and equivalent shares outstanding   20,134,777    19,262,742 
           
Basic and Diluted Net income per common share  $0.11   $0.07