RTW (RTWI) 10-Q 1999 Q3 Quarterly report

Exhibit 11

RTW, INC. AND SUBSIDIARY

Statement Regarding Computation of Basic and Diluted Net Income Per Share

		For the three months ended:						For the nine
								months ended
		March 31,		June 30,		September 30,		September 30,
		1999		1999		1999		1999
Basic weighted average shares outstanding			12,231,668		12,307,781		12,312,255		12,283,901
Stock options
	Options at $5.81		15,183		—		2,262		5,815
	Options at $5.00		20,509		12,127		14,952		15,863
	Options at $4.75		2,326		1,525		2,061		1,971
	Options at $4.75		—		16,318		23,456		13,258
	Options at $4.38		30,902		23,457		25,966		26,775
	Options at $2.67		16,449		1,992		2,048		6,830
	Options at $2.00		19,187		—		—		6,396
Diluted weighted average shares outstanding			12,336,224		12,363,200		12,383,000		12,360,809
Net income ($000’s)		$	1,233	$	1,487	$	1,611	$	4,331
Net income per share:
	Basic income per share	$	0.10	$	0.12	$	0.13	$	0.35
	Diluted income per share	$	0.10	$	0.12	$	0.13	$	0.35

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