Exhibit 11
LANVISION SYSTEMS, INC.
COMPUTATION OF EARNINGS (LOSS) PER COMMON SHARE
Three months ended Nine months ended
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2002 2001 2002 2001
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Net income $ 252,439 $ 498,257 $ 552,340 $ 30,020
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Average shares outstanding 8,945,338 8,894,948 8,929,250 8,886,318
Stock options:
Total options 400,354 214,047 454,375 214,047
Assumed treasury stock buyback (171,142) (96,526) (186,224) (102,639)
Warrants assumed converted -- -- -- --
Convertible redeemable preferred
stock assumed converted -- -- -- --
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Number of shares used in per
common share computation 9,174,550 9,012,469 9,197,401 8,997,726
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Basic net income per share of common
stock $ 0.03 $ 0.06 $ 0.06 $ 0.00
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Diluted net income per share of common
stock $ 0.03 $ 0.06 $ 0.06 $ 0.00
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