Command Security Corp – ‘10-K’ for 3/31/97 – EX-11

As of:  Tuesday, 7/1/97   ·   For:  3/31/97   ·   Accession #:  1005477-97-1778   ·   File #:  0-18684

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Annual Report   —   Form 10-K
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 10-K        Annual Report                                         67    333K 
 2: EX-11       Computation of Income Per Share of Common Stock        1      6K 
 3: EX-24       Power of Attorney                                      1      7K 
 5: EX-27       Financial Data Schedule                                1      7K 
 4: EX-99.11    Press Release                                          2     10K 

EX-11   —   Computation of Income Per Share of Common Stock

          COMMAND SECURITY CORPORATION

          EXHIBIT 11 - COMPUTATION OF INCOME PER SHARE OF COMMON STOCK

                                                        [Enlarge/Download Table]

                                                            Years Ended March 31,             
                                                     -----------------------------------      
                                                        1997        1996        1995          
                                                                                              
Net income/(loss) applicable to                                                               
  common shareholders                                $  321,000  $  392,190  $(2,983,823)(A)  
Preferred stock dividends                               129,030     119,460          -0-      
                                                     ----------  ----------  -----------      
Net income/(loss) - fully diluted                    $  450,030  $  511,650  $(2,983,823)(B)  
                                                     ==========  ==========  ===========      
Weighted average number of common shares                                                      
  issued and outstanding (1)                          6,955,548   6,663,986    4,274,657      
Incremental shares attributable to assumed exercise                                           
  of stock options and warrants - primary (2)               -0-         -0-          -0-      
Incremental shares attributable to assumed exercise                                           
  of stock options and warrants - fully diluted (3)     978,500     906,100       93,092      
Weighted average number of common shares -                                                    
  primary (1) + (2)                                   6,955,548   6,663,986    4,274,657(C)   
Weighted average number of common shares -                                                    
  fully diluted (1) + (3)                             7,934,048   7,570,086    4,367,749(D)   
Income/(loss) per common and common                                                           
  equivalent share - primary                         $      .05  $      .06  $      (.70)(A/C)
Income/(loss) per common and common                                                           
  equivalent share - fully diluted                   $      .06  $      .07  $      (.68)(B/D)