COASTCAST CORPORATION
COMPUTATION OF PER SHARE EARNINGS
(UNAUDITED)
THREE MONTHS SIX MONTHS
ENDED JUNE 30, ENDED JUNE 30,
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1998 1997 1998 1997
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Common stock outstanding at beginning of period 8,959,050 8,794,334 8,849,005 8,777,890
Exercise of options 95,154 - 205,199 16,444
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Common stock outstanding at end of period 9,054,204 8,794,334 9,054,204 8,794,334
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Weighted average shares outstanding,
for computation of basic earnings per share 9,019,682 8,794,334 8,956,572 8,789,286
Dilutive effect of stock options after application of
treasury stock method 417,332 88,046 379,099 129,812
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Total diluted weighted average shares outstanding,
For computation of diluted earnings per share 9,437,014 8,882,380 9,335,671 8,919,098
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Net income 4,004,000 2,816,000 8,022,000 4,014,000
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Net income per common share - basic $ .44 $ .32 $ .90 $ .46
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Net income per share and common
equivalent per share - diluted $ .42 $ .32 $ .86 $ .45
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Exhibit 11
13