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EXHIBIT 11
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Computer Integration Corp.
and Subsidiary
Exhibit 11 - Statement Re: Computation of Per-Share Earnings
THREE MONTHS ENDED
MARCH 31
1996 1995
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Primary:
Average shares outstanding 6,915,000 6,402,040
Net effect of dilutive stock options and
warrants--based on the treasury stock
method using average market price of $1.00
per share in 1995. - 13,500
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Total 6,915,000 6,415,540
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Net income (loss) applicable to common stock $ (418,144) $ 83,678
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Per-share amount, net (loss) income
applicable to common stock $ (.06) $ .01
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Fully diluted:
Average shares outstanding 6,915,000 6,402,040
Net effect of dilutive stock options and
warrants--based on the treasury stock
method using the period end market price,
if higher than average market price - 13,500
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Total 6,915,000 6,415,540
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Net income (loss) applicable to common stock $ (418,144) $83,678
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Per share amount, net income (loss)
applicable to common stock $ (.06) $ .01
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Computer Integration Corp.
and Subsidiary
Exhibit 11 - Statement Re: Computation of Per-Share Earnings (continued)
NINE MONTHS ENDED
MARCH 31
1996 1995
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Primary:
Average shares outstanding 6,915,000 6,401,485
Net effect of dilutive stock options and
warrants--based on the treasury stock method using
average market price of $1.80 and $1.00 per share in
1996 and 1995, respectively 216,000 13,500
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Total 7,131,000 6,414,985
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Net income applicable to common stock $1,538,844 $ 636,897
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Per-share amount, net income applicable to common
stock $ .22 $ .10
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Fully diluted:
Average shares outstanding 6,915,000 6,401,485
Net effect of dilutive stock options and
warrants--based on the treasury stock method using the
period end market price, if higher than average market
price 216,000 13,500
Assumed conversion of 9% Series A and Series C
cumulative, convertible, redeemable preferred stock 1,270,000 1,176,232
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Total 8,401,000 7,591,217
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Net income applicable to common stock $1,538,844 $ 636,897
Add required dividends on Series A and Series C
cumulative, convertible, redeemable preferred stock 165,030 147,884
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Total $1,703,874 $ 784,781
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Per share amount, net income applicable to
common stock $ .20 $ .10
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