EXHIBIT 11S DECORATOR INDUSTRIES, INC. COMPUTATION OF DILUTED EARNINGS PER SHARE OF COMMON STOCK FOR THE FIVE FISCAL YEARS ENDED DECEMBER 29, 2007 2007 2006 2005 2004 2003 ----------- ----------- ----------- ----------- ----------- Net (loss)/income $ (807,509) $ 405,393 $ 1,364,814 $ 1,394,698 $ 1,561,778 =========== =========== =========== =========== =========== Average number of common shares outstanding 3,005,988 2,982,735 2,882,196 2,816,661 2,794,286 Dilutive effect of stock options on net income 0 53,753 116,402 150,126 33,316 ----------- ----------- ----------- ----------- ----------- Diluted weighted average shares used in the calculation of diluted earnings per share 3,005,988 3,036,488 2,998,598 2,966,787 2,827,602 =========== =========== =========== =========== =========== Diluted earnings per share $ (0.27) $ 0.13 $ 0.46 $ 0.47 $ 0.55 =========== =========== =========== =========== ===========