RTW (RTWI) 10-Q 2005 Q2 Quarterly report

Exhibit 11

RTW, INC. AND SUBSIDIARY

Statement Regarding Computation of Basic and Diluted Net Income Per Share

	For the three months				For the six months
	ended:				ended:
	June 30,		June 30,		June 30,		June 30,
	2005		2004		2005		2004
Basic weighted average shares outstanding		5,396,938		5,236,480		5,371,970		5,182,159
Stock options
Options at $9.50		176		—		136		—
Options at $8.81		5,345		—		3,952		—
Options at $8.75		85		—		79		—
Options at $6.50		4,264		—		4,192		—
Options at $6.45		3,462		—		3,405		—
Options at $6.18		52,109		710		51,343		368
Options at $6.00		39,179		7,507		38,646		4,104
Options at $5.33		—		334		—		298
Options at $4.50		2,447		1,378		2,429		1,306
Options at $3.80		15,370		10,355		15,286		10,016
Options at $3.13		8,534		6,469		8,499		6,330
Options at $2.60		4,645		9,887		7,516		9,734
Options at $2.42		—		1,448		—		19,147
Options at $2.20		15,540		13,217		15,501		13,060
Options at $2.19		53,717		71,931		60,967		81,484
Options at $2.00		—		209		—		952
Options at $1.98		52,831		111,682		57,247		112,141
Diluted weighted average shares outstanding		5,654,642		5,471,607		5,641,168		5,441,099
Net income ($000’s)	$	1,321	$	943	$	2,370	$	1,873
Net income per share:
Basic income per share	$	0.24	$	0.18	$	0.44	$	0.36
Diluted income per share	$	0.23	$	0.17	$	0.42	$	0.34

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