EXHIBIT 11
COASTCAST CORPORATION
COMPUTATION OF PER SHARE EARNINGS
THREE MONTHS ENDED MARCH 31,
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1998 1997
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Common stock outstanding at beginning of period 8,849,005 8,777,890
Exercise of options 110,045 16,444
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Common stock outstanding at end of period 8,959,050 8,794,334
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Weighted average shares outstanding, for
computation of basic EPS 8,892,761 8,784,181
Dilutive effect of stock options after
application of treasury stock method 338,221 186,850
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Total diluted weighted average shares
outstanding, for computation of
diluted earnings per share 9,230,982 8,971,031
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Net income $ 4,018,000 $ 1,198,000
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Net income per common share - basic $ 0.45 $ 0.14
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Net income per common and common equivalent share $ 0.44 $ 0.13
- diluted
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