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EXHIBIT 11S
DECORATOR INDUSTRIES, INC.
COMPUTATION OF DILUTED EARNINGS PER SHARE OF COMMON STOCK
FOR THE FIVE FISCAL YEARS ENDED JANUARY 2, 2010
2009 | 2008 | 2007 | 2006 | 2005 | ||||||||||||||||
Net (loss)/income | $ | (3,037,560 | ) | $ | (2,585,457 | ) | $ | (807,509 | ) | $ | 405,393 | $ | 1,364,814 | |||||||
Average number of common | ||||||||||||||||||||
shares outstanding | 3,004,467 | 2,934,530 | 3,005,988 | 2,982,735 | 2,882,196 | |||||||||||||||
Dilutive effect of stock options | ||||||||||||||||||||
on net income | 2,005 | 0 | 0 | 53,753 | 116,402 | |||||||||||||||
Diluted weighted average shares | ||||||||||||||||||||
used in the calculation of | ||||||||||||||||||||
diluted earnings per share | 3,006,472 | 2,934,530 | 3,005,988 | 3,036,488 | 2,998,598 | |||||||||||||||
Diluted earnings per share | $ | (1.01 | ) | $ | (0.88 | ) | $ | (0.27 | ) | $ | 0.13 | $ | 0.46 |