RTW (RTWI) 10-Q 2003 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:
									Year-to-date
			March 31,		June 30,		Sept. 30,		Sept. 30,
			2003		2003		2003		2003
Basic weighted average shares outstanding				5,100,311		5,107,790		5,119,663		5,111,748
Stock options
	Options at $5.33			—		—		—		—
	Options at $4.50			—		—		—		—
	Options at $3.80			—		—		—		—
	Options at $2.60			—		4,019		4,843		2,954
	Options at $2.42			—		29,281		34,239		21,173
	Options at $2.20			—		7,142		8,043		5,062
	Options at $2.19			—		54,457		60,930		38,462
	Options at $2.00			193		1,039		1,141		791
	Options at $1.98			17,690		86,385		94,701		66,259
Diluted weighted average shares outstanding				5,118,194		5,297,593		5,323,560		5,246,449
Net income ($000’s)			$	564	$	639	$	3,133	$	4,336
Net income per share:
		Basic income per share	$	0.11	$	0.12	$	0.61	$	0.85
		Diluted income per share	$	0.11	$	0.12	$	0.59	$	0.83

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