CCA Industries (CAWW) 10-Q 2009 Q3 Quarterly report

Exhibit 11

CCA INDUSTRIES, INC. AND SUBSIDIARIES

COMPUTATION OF UNAUDITED EARNINGS PER SHARE

	Three Months Ended				Nine Months Ended
	August 31,		August 31,		August 31,		August 31,
	2009		2008		2009		2008
Item 6.
Weighted average shares outstanding —
Basic		7,054,442		7,054,442		7,054,442		7,054,442
Net effect of dilutive stock
Options—based on the treasury stock method using average market		—		6,709		—		11,427
Weighted average shares outstanding —
Diluted		7,054,442		7,061,151		7,054,442		7,065,869
Net Income	$	1,599,346	$	1,101,420	$	2,417,847	$	2,235,795
Per share amount
Basic and Diluted	$	0.23	$	0.16	$	0.34	$	0.32