Exhibit 11
K-TEL INTERNATIONAL, INC. AND SUBSIDIARIES
STATEMENT REGARDING COMPUTATION OF EARNINGS PER SHARE
(In Thousands, Except Per Share Amounts)
For the Quarters ended December 31, 1995 and 1994
1995 1994
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Primary earnings per share --
Weighted average number of issued
shares outstanding 3,717 3,711
Effect of:
Stock Incentive Plan -- 86
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Shares outstanding used to compute
primary earnings per share 3,717 3,797
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Net Income (Loss) $ (82) $ 77
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Primary earnings (loss) per share $ (.02) $ .02
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Fully diluted earnings per share --
Weighted average number of shares used for
primary earnings per share 3,717 3,797
Effect of:
Stock Incentive Plan -- 8
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Shares outstanding used to compute
fully diluted earnings per share 3,717 3,805
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Net Income (Loss) $ (82) $ 77
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Fully diluted earnings (loss) per share $ (.02) $ .02
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Exhibit 11
K-TEL INTERNATIONAL, INC. AND SUBSIDIARIES
STATEMENT REGARDING COMPUTATION OF EARNINGS PER SHARE
(In Thousands, Except Per Share Amounts)
For the six months ended December 31, 1995 and 1994
1995 1994
------ ------
Primary earnings per share --
Weighted average number of issued
shares outstanding 3,713 3,710
Effect of:
Stock Incentive Plan 79 93
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Shares outstanding used to compute
primary earnings per share 3,792 3,803
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Net Income $ 223 $ 143
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Primary earnings per share $ .06 $ .04
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Fully diluted earnings per share --
Weighted average number of shares used
for primary earnings per share 3,792 3,803
Effect of:
Stock Incentive Plan -- --
------ ------
Shares outstanding used to compute
fully diluted earnings per share 3,792 3,803
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Net Income $ 223 $ 143
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Fully diluted earnings per share $ .06 $ .04
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