EX-11 3 earningsstatement.htm COMPUTATION OF EARNINGS (LOSS) PER SHARE Computation of Earnings (Loss) per Share
Exhibit 11

Matria Healthcare, Inc. and Subsidiaries
Computation of Earnings (Loss) per Share
(Amounts in thousands, except per share amounts)
(Unaudited)


   
Three Months Ended
  
Six Months Ended
  
   
June 30,
  
June 30,
  
Basic
  
2005
  
2004
  
2005
  
2004
  
Net earnings (loss)
                         
Continuing operations
  
$
5,318
  
$
(11,855
)
$
9,320
  
$
(11,579
)
Discontinued operations
    
(244
)
  
33,132
    
(440
)
  
33,786
  
Net earnings available to common shareholders
  
$
5,074
  
$
21,277
  
$
8,880
  
$
22,207
  
                           
Shares:
                          
Weighted average number of common shares outstanding
    
17,775
    
15,465
    
16,867
   
15,401
  
                           
Net earnings (loss) per common share:
                          
Continuing operations
  
$
0.30
  
$
(0.77
)
$
0.55
  
$
(0.75
)
Discontinued operations
    
(0.01
)
  
2.15
    
(0.02
)
  
2.19
  
   
$
0.29
  
$
1.38
  
$
0.53
  
$
1.44
  
                           
                           
Diluted:
                          
Net earnings available to common shareholders
  
$
5,074
  
$
21,277
  
$
8,880
  
$
22,207
  
Interest and debt expenses related to convertible subordinated notes
    
408
    
--
    
1,073
    
--
  
Net earnings available to common shareholders
  
$
5,482
  
$
21,277
  
$
9,953
  
$
22,207
  
                           
Shares:
                          
Weighted average number of common shares outstanding
    
17,775
   
15,465
   
16,867
    
15,401
 
Shares issuable from assumed exercise of options
    
1,002
    
--
    
1,041
    
--
  
Shares issuable from assumed conversion of 4.875% convertible senior subordinated notes
    
2,700
   
--
   
3,539
   
--
 
     
21,477
   
15,465
   
21,447
   
15,401
 
                           
Net earnings (loss) per common share:
                          
Continuing operations
  
$
0.27
  
$
(0.77
)
$
0.48
  
$
(0.75
)
Discontinued operations
    
(0.01
)
  
2.15
    
(0.02
)
  
2.19
  
Total
  
$
0.26
  
$
1.38
  
$
0.46
  
$
1.44