Exhibit No. 11
CNS, INC.
Computation of Net Income per Share of Common Stock
(unaudited)
Three Months Ended Six Months Ended
June 30, June 30,
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1998 1997 1998 1997
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NET INCOME
Net income $ 815,888 $ 2,613,473 $ 831,174 $ 3,934,966
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BASIC EARNINGS PER SHARE:
Weighted average number of common
shares outstanding
18,445,000 19,277,000 18,419,000 19,241,000
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Basic earnings per share $ .04 $ .14 $ .05 $ .20
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DILUTED EARNINGS PER SHARE
Weighted average number of common
shares outstanding 18,445,000 19,277,000 18,419,000 19,241,000
Incentive stock options 66,000 436,000 81,000 485,000
Nonqualified stock options 97,000 266,000 132,000 296,000
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18,608,000 19,979,000 18,632,000 20,022,000
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Diluted earnings per share $ .04 $ .13 $ .04 $ .20
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