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COASTCAST CORPORATION
COMPUTATION OF PER SHARE EARNINGS
| Three Months Ended March 31, | |||||
---|---|---|---|---|---|---|
| 2001 | 2000 | ||||
Common stock outstanding at beginning of period | 7,641,769 | 7,701,571 | ||||
Exercise of stock options | 34,273 | — | ||||
Common stock outstanding at end of period | 7,676,042 | 7,701,571 | ||||
Weighted average shares outstanding, for computation of basic EPS | 7,673,996 | 7,701,571 | ||||
Dilutive effect of stock options after application of treasury stock method | 15,289 | 144,268 | ||||
Total diluted weighted average shares outstanding, for computation of diluted earnings per share | 7,689,285 | 7,845,839 | ||||
Net (loss) income | $ | (657,000 | ) | $ | 2,952,000 | |
Net (loss) income per common share — basic | $ | (0.09 | ) | $ | 0.38 | |
Net (loss) income per common and common equivalent share — diluted | $ | (0.09 | ) | $ | 0.38 | |