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Content analysis
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8th grade Avg
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EXHIBIT 11
COASTCAST CORPORATION
COMPUTATION OF PER SHARE EARNINGS
(UNAUDITED)
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| Three Months |
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| 2003 |
| 2002 |
| ||
Common stock outstanding at beginning of period |
| 7,635,042 |
| 7,635,042 |
| ||
Exercise of options |
| — |
| — |
| ||
Common stock outstanding at end of period |
| 7,635,042 |
| 7,635,042 |
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|
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Weighted average shares outstanding, for computation of basic earnings per share |
| 7,635,042 |
| 7,635,042 |
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Dilutive effect of stock options after application of treasury stock method |
| — |
| 1,750 |
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Total diluted weighted average shares outstanding, for computation of diluted earnings per share |
| 7,635,042 |
| 7,636,792 |
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Net (loss) income |
| $ | (2,736,000 | ) | $ | 723,000 |
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Net (loss) income per common share – basic |
| $ | (.36 | ) | $ | .09 |
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Net (loss) income per share common share – Diluted |
| $ | (.36 | ) | $ | .09 |
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