EXHIBIT 11
ATALANTA/SOSNOFF CAPITAL CORPORATION
COMPUTATION OF EARNINGS (LOSS) PER COMMON SHARE
THREE AND NINE MONTHS ENDED SEPTEMBER 30, 2002 AND 2001
(UNAUDITED)
THREE MONTHS ENDED NINE MONTHS ENDED
SEPTEMBER 30, SEPTEMBER 30,
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2002 2001 2002 2001
---- ---- ---- ----
Net income (loss) $ 680,150 $(2,796,295) $(6,163,958) $(2,876,293)
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Weighted average common shares
outstanding 8,501,837 8,907,667 8,710,910 8,956,927
Add - common stock equivalents
from in the money options 17,387 27,378 26,465 26,769
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Dilutive weighted average common
shares outstanding 8,519,224 8,935,045 8,737,375 8,983,696
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Earnings (loss) per common share - basic $ 0.08 $ (0.31) $ (0.71) $ (0.32)
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Earnings per common share - diluted $ 0.08 N/A N/A N/A
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Antidilutive options - 0 - - 0 - - 0 - - 0 -
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o Diluted earnings per share is not presented for the three months ended
September 30, 2001 and for the nine months ended September 30, 2002 and
2001, respectively, because the Company recorded a net loss for the
respective periods.
SEE NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
23