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8th grade Good
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A.S.V., Inc. and Subsidiary
Exhibit 11 — Computation of Earnings per Share
(In thousands, except share data)
Three Months Ended March 31,
Exhibit 11 — Computation of Earnings per Share
(In thousands, except share data)
Three Months Ended March 31,
2006 | 2005 | |||||||
Basic | ||||||||
Earnings | ||||||||
Net earnings | $ | 6,936 | $ | 5,543 | ||||
Shares | ||||||||
Weighted average number of common shares outstanding | 27,089,275 | 26,727,076 | ||||||
Earnings per common share | $ | .26 | $ | .21 | ||||
Diluted | ||||||||
Earnings | ||||||||
Net earnings | $ | 6,936 | $ | 5,543 | ||||
Shares | ||||||||
Weighted average number of common shares outstanding | 27,089,275 | 26,727,076 | ||||||
Assuming exercise of options reduced by the number of shares which could have been purchased with the proceeds and related income tax benefits from the exercise of such options | 785,944 | 914,718 | ||||||
Weighted average number of common and common equivalent shares outstanding | 27,875,219 | 27,641,794 | ||||||
Earnings per common share | $ | .25 | $ | .20 | ||||