Ourpets (OPCO) 10-Q 2013 Q1 Quarterly report

Exhibit 11

OURPET’S COMPANY AND SUBSIDIARIES

STATEMENT OF COMPUTATION OF NET INCOME PER SHARE

FOR THE THREE MONTHS ENDED MARCH 31, 2013 AND MARCH 31, 2012

(Unaudited)

	2013			2012
Net income	$	223,601		$	81,864
Preferred Stock dividend requirements		(9,764	)		(22,159	)
Net income attributable to common stockholders	$	213,837		$	59,705
Weighted average number of common shares outstanding		15,883,560			15,809,023
Preferred Stock Common Share Equivalents		1,236,160			-
Dilutive Stock Options outstanding for the Period		328,024			339,788
Dilutive Warrants outstanding for the Period		198,202			237,211
Weighted average number of common and equivalent shares outstanding		17,645,946			16,386,022
Net income per common share	$	0.01		$	0.00