Resource Recycling Technologies Inc – ‘10-K’ for 12/31/94 – EX-11

As of:  Thursday, 3/30/95   ·   For:  12/31/94   ·   Accession #:  914317-95-9   ·   File #:  1-06774

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Annual Report   —   Form 10-K
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 10-K        Rrt, Inc. 10-K                                        45±   220K 
 5: EX-10.CC    Agreement of Ltd. Partnership                         31±   118K 
 6: EX-10.FF    Assignment Agreement                                   3     18K 
 7: EX-10.KK    Collateral Mortgage Agrmnt.                            7±    30K 
 8: EX-10.PP    Confirmation of Agreement                              5±    24K 
 2: EX-11       Computation Earnings/Share                             1      7K 
 3: EX-22       List of Subsidiaries                                   1      5K 
 4: EX-24       Consent of Ind Accts                                   1      6K 
 9: EX-27       FDS for Rrt 10-K                                       1      6K 

EX-11   —   Computation Earnings/Share

                                                                      EXHIBIT 11
Resource Recycling Technologies, Inc.                                           
(In thousands except per share data)                                            
--------------------------------------------------------------------------------

Statement Re Computation of Earnings per Share

                                                                [Download Table]

                                                    1994      1993       1992   
                                                    ----      ----       ----   
                                                                                
Income (loss) from continuing operations .....    $ 1,209    $    27    $(3,697)

Discontinued operations ......................       --         --       (2,701)
                                                  -------    -------    ------- 

Income (loss) before Preferred dividends .....      1,209         27     (6,398)

Less: Preferred dividends paid ...............          9         13         16 
                                                  -------    -------    ------- 

Net income (loss) available                                                     
 for common shareholders .....................    $ 1,200    $    14    $(6,414)
                                                  =======    =======    ======= 

Weighted average common shares                                                  
 outstanding .................................      2,633      2,633      2,637 

Incremental effect of stock options                                             
 and warrants ................................         25       --         --   
                                                  -------    -------    ------- 
Weighted average common and common                                              
 equivalent shares outstanding ...............      2,658      2,633      2,637 
                                                    =====      =====      ===== 

Net income (loss) per common and                                                
 common equivalent share:                                                       

  Continuing operations ......................    $   .45    $   .01    $ (1.41)

  Discontinued operations ....................       --         --        (1.02)
                                                  -------    -------    ------- 

  Total ......................................    $   .45    $   .01    $ (2.43)
                                                  =======    =======    =======