EX-11 3 pdm175b.txt STATEMENT Exhibit 11 THE MIDDLETON DOLL COMPANY AND SUBSIDIARIES COMPUTATION OF NET INCOME PER COMMON SHARE
For the Three months For the Nine Months -------------------- ------------------- Ended September 30, Ended September 30, ------------------- ------------------- 2001 2000 2001 2000 -------------- -------------- -------------- -------------- Net income available to common shareholders $ 523,666 $ 666,823 $ 1,390,535 $ 2,389,788 -------------- -------------- -------------- -------------- Determination of shares: Weighted average common shares outstanding (basic) 3,727,589 3,801,664 3,727,589 3,865,139 Assumed conversion of stock options - 2,142 - 1,920 -------------- -------------- -------------- -------------- Weighted average common shares outstanding (diluted) 3,727,589 3,803,806 3,727,589 3,867,059 ============== ============== ============== ============== Basic earnings per share $ 0.14 $ 0.18 $ 0.37 $ 0.62 ============== ============== ============== ============== Diluted earnings per share $ 0.14 $ 0.18 $ 0.37 $ 0.62 ============== ============== ============== ==============