Exhibit 11
MOBILE MINI, INC.
STATEMENT RE: COMPUTATION OF EARNINGS PER SHARE
Three Months Ended March 31,
1998 1997
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BASIC:
Common shares outstanding, beginning of period 6,799,524 6,739,324
Effect of weighting shares:
Weighted common shares issued 574,629 --
Common stock to be issued 66,475 --
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Weighted average number of common shares outstanding 7,440,628 6,739,324
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Net income available for common stock $ 533,177 $ 201,762
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Earnings per share $ 0.07 $ 0.03
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DILUTED:
Common shares outstanding, beginning of period 6,799,524 6,739,324
Effect of weighting shares:
Weighted common shares issued 574,629 --
Employee stock options 241,931 79
Convertible warrants 242,951 --
IPO stock purchase options 46,294 --
Common stock to be issued 66,475 --
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Weighted average number of common and common equivalent shares
outstanding 7,971,804 6,739,403
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Net income available for common stock $ 533,177 $ 201,762
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Earnings per share $ 0.07 $ 0.03
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