PRINTWARE, INC. EXHIBIT 11 STATEMENT RE COMPUTATION OF PER SHARE EARNINGS (LOSS) Three months ended Nine months ended Sep 30, Oct 2, Sep 30, Oct 2, 2000 1999 2000 1999 _________ _________ _________ _________ BASIC EPS: Weighted average number of common shares outstanding 3,288,134 3,681,397 3,279,266 4,455,639 _________ _________ _________ _________ Total shares 3,288,134 3,681,397 3,279,266 4,455,639 ========= ========= ========= ========= Net (loss) income (000's) $ (79) $ 21 $ (21) $ 25 ========= ========= ========= ========= (Loss) earnings per share $ (.02) $ .01 $ (.01) $ .01 ========= ========= ========= ========= DILUTED: Weighted average number of common shares outstanding 3,288,134 3,681,397 3,279,266 4,455,639 Common share equivalents from assumed exercise of options and warrants 0 0 0 0 _________ _________ _________ _________ Total shares 3,288,134 3,681,397 3,279,266 4,455,639 ========= ========= ========= ========= Net (loss) income (000's) $ (79) $ 21 $ (21) $ 25 ========= ========= ========= ========= (Loss) earnings per share $ (.02) $ .01 $ (.01) $ .01 ========= ========= ========= =========