EX-11 2 v471931_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, 
   2017   2016   2017   2016 
                 
Net income  $246,619   $154,634   $629,996   $421,214 
                     
Preferred Stock dividend requirements   (24,539)   (27,118)   (48,808)   (54,236)
                     
Net income attributable to common stockholders  $222,080   $127,516   $581,188   $366,978 
                     
Basic weighted average number of common shares outstanding   18,276,189    17,657,516    18,043,671    17,643,936 
                     
Preferred Stock Common Share Equivalents   -    -    -    - 
                     
Dilutive Stock Options outstanding for the Period   232,446    180,704    186,768    176,227 
                     
Dilutive Warrants outstanding for the Period   413,653    439,115    461,474    430,721 
                     
Diluted Weighted average number of common and equivalent shares outstanding   18,922,288    18,277,335    18,691,913    18,250,885 
                     
Basic and Diluted Net income per common share  $0.01   $0.01   $0.03   $0.02