EXHIBIT 11
RIMAGE CORPORATION
COMPUTATION OF NET EARNINGS PER SHARE OF COMMON STOCK
Net earnings per common share is determined by dividing the net earnings by
the weighted average number of shares of common stock and common share
equivalents outstanding. The following is a summary of the weighted average
common shares outstanding and common share equivalents:
Three months ended Nine months ended
September 30, September 30,
1996 1995 1996 1995
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Shares Outstanding at
beginning of period 3,084,500 1,950,000 3,051,000 1,950,000
Common stock issued in merger
with Dunhill Software Services 0 1,100,000 0 1,100,000
Shares Outstanding at
beginning of perod 3,084,500 3,050,000 3,051,000 3,050,000
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Common stock issued in stock
option exercise 0 0 33,500 0
Shares Outstanding at
end of period 3,084,500 3,050,000 3,084,500 3,050,000
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Weighted average shares
of common stock outstanding 3,084,500 3,050,000 3,071,505 3,050,000
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Common stock equivalents 397,453 391,455 397,453 306,455
Weighted average shares of
common stock equivalents 33,932 33,834 35,921 16,593
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Weighted average shares of
common stock and
stock equivalents 3,118,432 3,083,834 3,107,427 3,066,593
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Net earnings (loss) $37,085 $ (82,008) $ (812,799) $ (167,684)
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Net earnings (loss) per share $0.01 $(0.03) $(0.26) $(0.05)
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