Exhibit 11
ALLIN CORPORATION
CALCULATION OF NET INCOME PER COMMON SHARE
(Dollars in thousands, except per share data)
Three Months 2006 | Three Months 2007 | Six Months 2006 | Six Months 2007 | |||||||||
Net income | $ | 823 | $ | 402 | $ | 1,188 | $ | 1,194 | ||||
Dividends on preferred stock | 285 | 357 | 565 | 705 | ||||||||
Net income attributable to common shareholders | $ | 538 | $ | 45 | $ | 623 | $ | 489 | ||||
Earnings per common share - basic | $ | 0.07 | $ | 0.01 | $ | 0.08 | $ | 0.06 | ||||
Earnings per common share - dilusted | $ | 0.05 | $ | 0.01 | $ | 0.06 | $ | 0.05 | ||||
Weighted average shares outstanding - basic | 7,467,339 | 7,828,981 | 7,467,339 | 7,828,981 | ||||||||
Weighted average shares outstanding | 7,467,339 | 7,828,981 | 7,467,339 | 7,828,981 | ||||||||
Effect of convertible preferred stock | 4,285,714 | — | 4,285,714 | 4,285,714 | ||||||||
Effect of options | 175,919 | 228,858 | 178,131 | 198,824 | ||||||||
Weighted average shares outstanding - diluted | 11,928,972 | 8,057,839 | 11,931,184 | 12,313,519 | ||||||||