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EXHIBIT 11
THE FIRST YEARS INC.
(FORMERLY KIDDIE PRODUCTS, INC.)
PRIMARY NET INCOME PER SHARE AND FULLY DILUTED NET INCOME PER SHARE
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YEAR ENDED DECEMBER 31
1995 1994
PRIMARY NET INCOME PER SHARE:
Net income available for common shares and common stock
equivalent shares $3,724,493 $2,989,374
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Primary net income per share $ 0.80 $ 0.66
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SHARES USED IN COMPUTATION:
Weighted average common shares outstanding 4,507,058 4,497,244
Common stock equivalents - options 156,433 53,450
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Total common stock and common stock equivalent dilutive shares 4,663,491 4,550,694
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FULLY DILUTED NET INCOME PER SHARE:
Net income available for common shares and common stock
equivalent shares $3,724,493 $2,989,374
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Fully diluted net income per share $ 0.80 $ 0.65
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SHARES USED IN COMPUTATION:
Weighted average common shares outstanding 4,507,058 4,497,244
Common stock equivalents - options 166,595 71,726
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Total common stock and common stock equivalent dilutive shares 4,673,653 4,568,970
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IV-18