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 March 31, 1997 and 1996
1997 1996
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Primary earnings per share --
Weighted average number of issued shares outstanding 3,762 3,730
Effect of:
Stock Incentive Plan 313 66
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Shares outstanding used to compute primary earnings per share 4,075 3,796
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Net Income (Loss) $ 510 $ 456
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Primary earnings (Loss) per share $ .13 $ .12
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Fully diluted earnings per share --
Weighted average number of shares used for primary earnings per share 3,762 3,796
Effect of:
Stock Incentive Plan 309 ---
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Shares outstanding used to compute fully diluted earnings per share 4,071 3,796
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Net Income (Loss) $ 510 $ 456
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Fully diluted earnings (Loss) per share $ .13 $ .12
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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 nine months ended March 31, 1997 and 1996
1997 1996
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Primary earnings per share --
Weighted average number of issued shares outstanding 3,752 3,725
Effect of:
Stock Incentive Plan 143 79
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Shares outstanding used to compute primary earnings per share 3,895 3,804
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Net Income $3,114 $ 679
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Primary earnings per share $ .80 $ .18
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Fully diluted earnings per share --
Weighted average number of shares used for primary earnings per share 3,752 3,804
Effect of:
Stock Incentive Plan 192 ---
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Shares outstanding used to compute fully diluted earnings per share 3,944 3,804
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Net Income $3,114 $ 679
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Fully diluted earnings per share $ .80 $ .18
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