NOTE 4 - EARNINGS PER SHARE

6 Months Ended

Jun. 30, 2012

Notes to Financial Statements

Earnings Per Share [Text Block]

Basic net income per share is based upon the weighted average number of shares of common stock outstanding during the periods presented, excluding non-vested restricted stock.

Diluted net income per share is based upon the weighted average number of shares of common stock, common equivalent stock and non-vested restricted stock outstanding during the periods presented.

The following table sets forth the computation of basic and diluted income loss per share (amounts in thousands, except share and per share amounts):

	Three Months Ended				Six Months Ended
	June 30,				June 30,
	2012		2011		2012		2011
Net income attributable to RadNet, Inc.'s common stockholders	$	2,946	$	3,521	$	2,835	$	2,645
BASIC INCOME PER SHARE ATTRIBUTABLE TO RADNET, INC.'S COMMON STOCKHOLDERS
Weighted average number of common shares outstanding during the period		37,761,316		37,357,840		37,715,723		37,308,038
Basic income per share attributable to RadNet, Inc.'s common stockholders	$	0.08	$	0.09	$	0.08	$	0.07
DILUTED INCOME PER SHARE ATTRIBUTABLE TO RADNET, INC.'S COMMON STOCKHOLDERS
Weighted average number of common shares outstanding during the period		37,761,316		37,357,840		37,715,723		37,308,038
Add nonvested restricted stock subject only to service vesting		521,667		–		494,744		–
Add additional shares issuable upon exercise of stock options and warrants		1,147,734		2,462,323		1,005,165		2,068,920
Weighted average number of common shares used in calculating diluted income per share		39,430,717		39,820,163		39,215,632		39,376,958
Diluted income per share attributable to RadNet, Inc.'s common stockholders	$	0.07	$	0.09	$	0.07	$	0.07