Exhibit 11
COASTCAST CORPORATION
COMPUTATION OF PER SHARE EARNINGS
(UNAUDITED)
THREE MONTHS SIX MONTHS
ENDED JUNE 30, ENDED JUNE 30,
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2000 1999 2000 1999
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Common stock outstanding at beginning of period 7,701,571 7,933,204 7,701,571 7,989,404
Exercise of options 36,801 - 36,801 -
Repurchase of common stock - (62,700) - (118,900)
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Common stock outstanding at end of period 7,738,372 7,870,504 7,738,372 7,870,504
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Weighted average shares outstanding,
for computation of basic earnings per share 7,707,245 7,893,338 7,704,408 7,932,912
Dilutive effect of stock options after application of
treasury stock method 262,346 28,053 203,307 16,587
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Total diluted weighted average shares outstanding,
For computation of diluted earnings per share 7,969,591 7,921,391 7,907,715 7,949,499
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Net income 4,132,000 3,362,000 7,084,000 5,668,000
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Net income per common share - basic $.54 $.43 $ .92 $ .71
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Net income per share and common
equivalent per share - diluted $.52 $.42 $ .90 $ .71
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