EX-11.1 2 tse73a.htm COMPUTATION OF PER SHARE EARNINGS

Exhibit 11.1

THE MIDDLETON DOLL COMPANY AND SUBSIDIARIES
COMPUTATION OF NET LOSS PER COMMON SHARE

For the Three Months
Ended March 31,
2007
 2006
Net loss applicable to common shareholders     $ (847,675 ) $ (1,131,583 )
Determination of shares:  
   Weighted average common shares  
   outstanding (basic)    3,727,589    3,727,589  
   Assumed conversion of stock options    --    --  
   Weighted average common shares  
   outstanding (diluted)    3,727,589    3,727,589  
Basic and diluted loss per share   $ (0.23 ) $ (0.30 )