PRINTWARE, INC. EXHIBIT 11 STATEMENT RE COMPUTATION OF PER SHARE EARNINGS (LOSS) Three months ended Six months ended July 1, July 3, July 1, July 3, 2000 1999 2000 1999 _________ _________ _________ _________ BASIC EPS: Weighted average number of common shares outstanding 3,282,503 4,852,423 3,278,950 4,838,551 _________ _________ _________ _________ Total shares 3,282,503 4,852,423 3,278,950 4,838,551 ========= ========= ========= ========= Net (loss) income (000's) $ (34) $ 101 $ 58 $ 4 ========= ========= ========= ========= (Loss) earnings per share $ (.01) $ .02 $ .02 $ .00 ========= ========= ========= ========= DILUTED: Weighted average number of common shares outstanding 3,282,503 4,842,423 3,278,950 4,838,551 Common share equivalents from assumed exercise of options and warrants 0 0 9,049 0 _________ _________ _________ _________ Total shares 3,282,503 4,842,423 3,287,999 4,838,551 ========= ========= ========= ========= Net (loss) income (000's) $ (34) $ 101 $ 58 $ 4 ========= ========= ========= ========= (Loss) earnings per share $ (.01) $ .02 $ .02 $ .00 ========= ========= ========= =========