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 September 30, 1996 and 1995
1996 1995
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Primary earnings per share --
Weighted average number of issued shares outstanding 3,743 3,707
Effect of:
Stock Incentive Plan 61 96
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Shares outstanding used to compute
primary earnings per share 3,804 3,803
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Net Income $ 852 $ 305
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Primary earnings per share $ .22 $ .08
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Fully diluted earnings per share --
Weighted average number of shares used for primary earnings per share 3,803 3,804
Effect of:
Stock Incentive Plan -- --
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Shares outstanding used to compute fully diluted earnings per share 3,804 3,803
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Net Income $ 852 $ 305
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Fully diluted earnings per share $ .22 $ .08
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