Attached files
| file | filename |
|---|---|
| 10-K - NUMEREX 10K 123109 - NUMEREX CORP /PA/ | nmrx10k123109.htm |
| EX-21 - EXHIBIT 21 - NUMEREX CORP /PA/ | exhibit21.htm |
| EX-23 - EXHIBIT 23 - NUMEREX CORP /PA/ | exhibit23.htm |
| EX-31.1 - EXHIBIT 31.1 - NUMEREX CORP /PA/ | exhibit31_1.htm |
| EX-32.1 - EXHIBIT 32.1 - NUMEREX CORP /PA/ | exhibit32_1.htm |
| EX-31.2 - EXHIBIT 31.2 - NUMEREX CORP /PA/ | exhibit31_2.htm |
| EX-32.2 - EXHIBIT 32.2 - NUMEREX CORP /PA/ | exhibit32_2.htm |
EXHIBIT
11
COMPUTATION
OF EARNINGS PER SHARE
(in
thousands, except per share data)
|
(a)
|
Computation
of the weighted average number of shares of common stock outstanding for
the fiscal years ended the years ended December 31, 2007, 2008 and
2009.
|
|
Shares
of Common Stock
|
Weighted
Shares Outstanding
|
|||||||
|
January
1, 2007 to December 31, 2007
|
12,960 | 12,960 | ||||||
|
Shares
issued on exercise of stock options
|
134 | 100 | ||||||
|
Shares
issued under Directors Stock Plan
|
6 | 1 | ||||||
|
Shares
issued in connection with purchase of Airdesk, Inc.
|
100 | 75 | ||||||
|
Shares
issued in connection with purchase of Orbit One, Inc.
|
320 | 1 | ||||||
|
Total
|
13,520 | 13,137 | ||||||
|
January
1, 2008 to December 31, 2008
|
13,520 | 13,520 | ||||||
|
Shares
issued on exercise of stock options
|
27 | 13 | ||||||
|
Shares
issued under Directors Stock Plan
|
12 | 6 | ||||||
|
Shares
issued in connection with purchase of assets of Airdesk,
Inc.
|
200 | 200 | ||||||
|
Shares
issued in connection with purchase of Ublip, Inc.
|
405 | 405 | ||||||
|
Total
|
14,164 | 14,144 | ||||||
|
January
1, 2009 to December 31, 2009
|
14,164 | 14,144 | ||||||
|
Shares
issued on exercise of stock options
|
44 | 22 | ||||||
|
Shares
issued under Directors Stock Plan
|
25 | 14 | ||||||
|
Shares
issued in connection with debt conversion
|
889 | 256 | ||||||
|
Treasury
share repurchase
|
(40 | ) | (27 | ) | ||||
|
Total
|
15,082 | 14,409 | ||||||
(b)
Computation of Earnings per Share
Computation
of earnings per share is net earnings (loss) divided by the weighted average
number of shares of common stock outstanding for the years ended December 31,
2007, 2008 and 2009.
|
2007
|
2008
|
2009
|
||||||||||
|
Net
earnings (loss)
|
$ | 440 | $ | (10,975 | ) | $ | (5,829 | ) | ||||
|
Weighted
average number of shares of common stock outstanding
|
13,137 | 14,144 | 14,409 | |||||||||
|
Basic
earnings per share
|
$ | 0.03 | $ | (0.78 | ) | $ | (0.40 | ) | ||||
|
Diluted
earnings per share
|
$ | 0.03 | $ | (0.78 | ) | $ | (0.40 | ) | ||||