Exhibit 11
ALLIN CORPORATION
CALCULATION OF NET INCOME PER COMMON SHARE
(Dollars in thousands, except per share data)
| Three Months Ended June 30, 2005 | Three Months Ended June 30, 2006 | Six Months Ended June 30, 2005 | Six Months Ended June 30, 2006 | |||||||||||
Net income (loss) | $ | 108 | $ | 823 | $ | (66 | ) | $ | 1,188 | |||||
Accretion and dividends on preferred stock | 191 | 285 | 377 | 565 | ||||||||||
Net (loss) income attributable to common shareholders | $ | (83 | ) | $ | 538 | $ | (443 | ) | $ | 623 | ||||
(Loss) earnings per common share - basic | $ | (0.01 | ) | $ | 0.07 | $ | (0.06 | ) | $ | 0.08 | ||||
(Loss) earnings per common share - dilusted | $ | (0.01 | ) | $ | 0.05 | $ | (0.06 | ) | $ | 0.06 | ||||
Weighted average shares outstanding - basic | 6,967,339 | 7,467,339 | 6,967,339 | 7,467,339 | ||||||||||
Weighted average shares outstanding | 6,967,339 | 7,467,339 | 6,967,339 | 7,467,339 | ||||||||||
Effect of convertible preferred stock | — | 4,285,714 | — | 4,285,714 | ||||||||||
Effect of options | — | 175,919 | — | 178,131 | ||||||||||
Weighted average shares outstanding - diluted | 6,967,339 | 11,928,972 | 6,967,339 | 11,931,184 | ||||||||||
60