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Asv Inc/MN – ‘10-Q’ for 9/30/07 – EX-11

On:  Friday, 11/9/07, at 1:13pm ET   ·   For:  9/30/07   ·   Accession #:  950137-7-16907   ·   File #:  0-25620

Previous ‘10-Q’:  ‘10-Q’ on 8/9/07 for 6/30/07   ·   Latest ‘10-Q’:  This Filing

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  As Of                Filer                Filing    For·On·As Docs:Size              Issuer               Agent

11/09/07  Asv Inc/MN                        10-Q        9/30/07    6:201K                                   Bowne Boc/FA

Quarterly Report   —   Form 10-Q
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 10-Q        Quarterly Report                                    HTML    151K 
 2: EX-11       Statement Re: Computation of Per Share Earnings     HTML     17K 
 3: EX-31.1     Certification of CEO Pursuant to Section 302        HTML     11K 
 4: EX-31.2     Certification of CFO Pursuant to Section 302        HTML     11K 
 5: EX-32.1     Certification of CEO Pursuant to Section 906        HTML      8K 
 6: EX-32.2     Certification of CFO Pursuant to Section 906        HTML      8K 


EX-11   —   Statement Re: Computation of Per Share Earnings


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  exv11  

 

         
Exhibit 11
A.S.V., Inc. and Subsidiary
Computation of Earnings per Share
(In thousands, except share and per share data)
                                 
    Three Months Ended     Nine Months Ended  
    September 30,     September 30,  
    2007     2006     2007     2006  
Basic
                               
Earnings
                               
Net earnings
  $ 3,507     $ 5,078     $ 8,839     $ 19,615  
 
                       
 
                               
Shares
                               
Weighted average number of common shares outstanding
    26,707,498       26,669,269       26,697,146       26,918,270  
 
                       
 
                               
Basic earnings per common share
  $ .13     $ .19     $ .33     $ .73  
 
                       
 
                               
Diluted
                               
Earnings
                               
Net earnings
  $ 3,507     $ 5,078     $ 8,839     $ 19,615  
 
                       
 
                               
Shares
                               
Weighted average number of common shares outstanding
    26,707,498       26,669,269       26,697,146       26,918,270  
Assume the proceeds from the exercise of options together with the related income tax benefit and unrecognized compensation were used to repurchase shares issued upon exercise of options and warrants
    388,713       202,402       422,542       506,035  
 
                       
 
                               
Weighted average number of common and common equivalent shares outstanding
    27,096,211       26,871,671       27,119,688       27,424,305  
 
                       
 
                               
Diluted earnings per common share
  $ .13     $ .19     $ .33     $ .72  
 
                       

Dates Referenced Herein

This ‘10-Q’ Filing    Date    Other Filings
Filed on:11/9/07None on these Dates
For Period End:9/30/07
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Filing Submission 0000950137-07-016907   –   Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

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