EXHIBIT 11
RIMAGE CORPORATION
COMPUTATION OF NET EARNINGS (LOSS) PER COMMON AND COMMON EQUIVALENT SHARE
Three Months Ended Nine Months Ended
September 30, September 30,
1997 1996 1997 1996
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Shares Outstanding at
beginning of period. . . . . . . . . . 3,084,500 3,084,500 3,084,500 3,051,000
Common stock issued in stock
option exercise . . . . . . . . . . 5335 0 5335 33500
Shares Outstanding at
end of period . . . . . . . . . . . 3,089,835 3,084,500 3,089,835 3,084,500
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Weighted average shares
of common stock outstanding . . . . 3,089,835 3,084,500 3,089,835 3,071,505
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Common stock equivalents . . . . . . . . 760,488 397,453 760,488 397,453
Weighted average shares of
common stock equivalents. . . . . . 296,728 33,932 224,135 35,921
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Weighted average shares of
common stock and
stock equivalents . . . . . . . . . . 3,386,563 3,118,432 3,313,970 3,107,427
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Net earnings (loss). . . . . . . . . . . $526,435 $37,085 $947,515 $(812,799)
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Net earnings (loss) per share . . . . $ 0.15 $ 0.01 $0.29 $ (0.26)
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