EX-11 3 primedex_10q-ex11.txt PRIMEDEX HEALTH SYSTEMS, INC. AND AFFILIATES EXHIBIT 11 - COMPUTATION OF EARNINGS PER SHARE ---------------------------------------------------------------------------------------------------------------
Three months ended Six months ended April April ---------------------------- ---------------------------- 2002 2001 2002 2001 ------------- ------------- ------------- ------------- BASIC Weighted average number of common shares outstanding used in computing basic earnings per share 40,759,664 40,133,139 40,745,928 39,691,146 Net income $ 836,000 $ 5,215,000 $ 1,753,000 $ 6,137,000 Less: Accretion of redeemable preferred stock -- (208,000) -- (346,000) ------------- ------------- ------------- ------------- Income available to common stockholders $ 836,000 $ 5,007,000 $ 1,753,000 $ 5,791,000 ============= ============= ============= ============= Basic earnings per share $ 02 $ 0.12 $ 0.04 $ 0.15 ============= ============= ============= ============= DILUTED Weighted average number of common shares outstanding used in computing basic earnings per share 40,759,664 40,133,139 40,745,928 39,691,146 Assumed exercise of stock options and warrants 4,904,471 342,433 2,452,236 649,681 Assumed conversion of preferred stock -- 5,657,298 -- 2,828,738 ------------- ------------- ------------- ------------- 45,664,135 46,132,870 43,198,164 43,169,565 ============= ============= ============= ============= Income available to common stockholders $ 836,000 $ 5,215,000 $ 1,753,000 $ 6,137,000 Accretion of redeemable preferred stock -- (208,000) -- (346,000) ------------- ------------- ------------- ------------- Income available to common stockholders plus assumed conversions $ 836,000 $ 5,007,000 $ 1,753,000 $ 5,791,000 ============= ============= ============= ============= Diluted earnings per share $ 0.02 $ 0.11 $ 0.04 $ 0.14 ============= ============= ============= ============= 25