Attached files

file filename
EX-21 - EXHIBIT 21 - NUMEREX CORP /PA/exhibit21.htm
EX-23 - EXHIBIT 23 - NUMEREX CORP /PA/exhibit23.htm
EXCEL - IDEA: XBRL DOCUMENT - NUMEREX CORP /PA/Financial_Report.xls
EX-31.1 - EXHIBIT 31.1 - NUMEREX CORP /PA/exhibit311.htm
EX-31.2 - EXHIBIT 31.2 - NUMEREX CORP /PA/exhibit312.htm
EX-32.1 - EXHIBIT 32.1 - NUMEREX CORP /PA/exhibit321.htm
EX-32.2 - EXHIBIT 32.2 - NUMEREX CORP /PA/exhibit322.htm
10-K - NUMEREX 10K 123111 - NUMEREX CORP /PA/nmrx10k123111.htm

 
 

 

EXHIBIT 11
 
 
COMPUTATION OF INCOME (LOSS) 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, 2009, 2010 and 2011.
 
   
Shares of Common Stock
   
Weighted Shares Outstanding
 
January 1, 2008 to December 31, 2009
    14,164       14,164  
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       14,429  
January 1, 2009 to December 31, 2010
    15,082       15,082  
Shares issued on exercise of stock options
    39       6  
Shares issued under Directors Stock Plan
    16       9  
Treasury share repurchase
    (15 )     (13 )
                                       Total
    15,122       15,084  
January 1, 2010 to December 31, 2011
    15,122       15,122  
Shares issued on exercise of stock options
    283       237  
Shares issued under Directors Stock Plan
    59       14  
Treasury share repurchase
    (321 )     (318 )
                                       Total
    15,143       15,055  
                 
                 
 
(b) Computation of Income (Loss) per Share
 
Computation of loss per share is net loss divided by the weighted average number of shares of common stock outstanding for the years ended December 31, 2009, 2010 and 2011.

 
 
2009
2010
2011
Net income (loss)
$(5,829)
$(380)
$1,854
Weighted average number of shares of common stock outstanding
14,429
15,084
15,055
Basic income (loss) per share
($0.40)
($0.03)
$0.12