EXHIBIT 11
THE CHROMALINE CORPORATION
COMPUTATION OF NET EARNINGS PER COMMON SHARE
(Unaudited)
Nine Months Ended
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Sept 30, 2002 Sept 30, 2001
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Net earnings applicable to common shareholders $ 240,100 $ (14,851)
for basic and diluted earnings per share
Weighted average shares outstanding for basic
earnings per share 1,253,390 1,271,627
Dilutive effect of stock options computed using the
treasury stock method and the average market price 0 0
Weighted average shares outstanding for diluted
earnings per share 1,253,390 1,271,627
Basic earnings per share $ 0.19 $ (0.06)
Diluted earnings per share $ 0.19 $ (0.06)