Clearfield, Inc. Quarterly report pursuant to Section 13 or 15(d)

Note 2 - Net Income Per Share (Tables)

3 Months Ended

Dec. 31, 2014

	Three Months Ended December 31
	2014		2013
Net income	$	1,069,373	$	1,982,326
Weighted average common shares		13,222,180		12,689,412
Dilutive potential common shares		359,254		855,012
Weighted average dilutive common shares outstanding		13,581,434		13,544,424
Net income per common share:
Basic	$	0.08	$	0.16
Diluted	$	0.08	$	0.15