Ourpets (OPCO) 10-Q 2018 Q2 Quarterly report

  Exhibit 11 

OURPET’S COMPANY AND SUBSIDIARIES

STATEMENT OF COMPUTATION OF NET INCOME PER SHARE

 (Unaudited)

	Three Months Ended						Six Months Ended
	June 30,						June 30,
	2018			2017			2018			2017
Net income	$	165,398		$	246,619		$	292,971		$	629,996
Preferred Stock dividend requirements		(12,507	)		(24,539	)		(24,876	)		(48,808	)
Net income attributable to  common stockholders	$	152,891		$	222,080		$	268,095		$	581,188
Basic Weighted average number of common shares outstanding		19,809,405			18,276,189			19,807,319			18,043,671
Preferred Stock Common Share Equivalents		-			-			-			-
Dilutive Stock Options outstanding for the Period		46,420			232,446			93,038			186,768
Dilutive Warrants outstanding for the Period		55,456			413,653			72,721			461,474
Diluted Weighted average number of common and equivalent shares outstanding		19,911,281			18,922,288			19,973,078			18,691,913
Basic Earnings Per Common Share	$	0.01		$	0.01		$	0.01		$	0.03
Fully Dilluted Earnings Per Common Share	$	0.01		$	0.01		$	0.01		$	0.03