EX-11 2 v465769_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 
   March 31, 
   2017   2016 
         
Net income  $383,377   $266,581 
           
Preferred Stock dividend requirements   (22,390)   (16,578)
           
Net income attributable to common stockholders  $360,987   $250,003 
           
Basic Weighted average number of common          
shares outstanding   17,808,569    17,627,586 
           
Preferred Stock Common Share Equivalents   1,236,160    1,236,160 
           
Dilutive Stock Options outstanding for the Period   169,392    174,293 
           
Dilutive Warrants outstanding for the Period   484,269    420,802 
           
Diluted Weighted average number of common and equivalent shares outstanding   19,698,390    19,458,841 
           
Basic and Diluted Net income per common share  $0.02   $0.01