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Exhibit 11.1
OMEGA FLEX, INC.
Schedule of Computation of Earnings Per Common Share
| Years Ended December 31, | ||
| 2005 | 2004 | 2003 |
| (dollars in thousands, except earnings per share) | ||
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Net Income | $7,477 | $6,001 | $4,037 |
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Basic Earnings per Common Share: |
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Net Income | $0.74 | $0.66 | $0.46 |
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Basic Weighted Average Shares Outstanding | 10,154 | 9,034 | 8,732 |
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Diluted Earnings Per Common Share |
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Net Income | $0.74 | $0.59 | $0.40 |
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Diluted Weighted Average Shares Outstanding | 10,154 | 10,154 | 10,154 |
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Dividends Declared per Share |
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