MI 2009 (MZIA) 10-Q 2007 Q2 Quarterly report

Exhibit 11
Computation of Per-Share Earnings
Milacron Inc. and Subsidiaries
(Unaudited)

	Three Months Ended						Six Months Ended
	June 30,						June 30,
(In thousands, except per-share amounts)	2007			2006			2007			2006
Loss from continuing operations	$	(388	)	$	(14,280	)	$	(11,052	)	$	(23,905	)
Discontinued operations		265			—			135			17
Net loss		(123	)		(14,280	)		(10,917	)		(23,888	)
Less preferred dividends		(1,560	)		(1,560	)		(3,120	)		(3,120	)
Less beneficial conversion feature related to Series B Preferred Stock		(779	)		(779	)		(1,558	)		(1,558	)
Net loss applicable to common shareholders	$	(2,462	)	$	(16,619	)	$	(15,595	)	$	(28,566	)
Basic income (loss) per share:
Weighted-average common shares outstanding		4,925			4,822			4,910			4,812
Per-share amount:
Continuing operations	$	(.55	)	$	(3.45	)	$	(3.21	)	$	(5.94	)
Discontinued operations		.05			—			.03			—
Net loss	$	(.50	)	$	(3.45	)	$	(3.18	)	$	(5.94	)
Diluted income (loss) per share:
Weighted-average common shares outstanding (a)		4,925			4,822			4,910			4,812
Per-share amount:
Continuing operations	$	(.55	)	$	(3.45	)	$	(3.21	)	$	(5.94	)
Discontinued operations		.05			—			.03			—
Net loss	$	(.50	)	$	(3.45	)	$	(3.18	)	$	(5.94	)

(a) In both years, (i) the 5.7 million common shares into which the 6% Series B Convertible Preferred Stock is convertible and (ii) potentially dilutive restricted shares are excluded because their inclusion would result in a smaller loss per common share.

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