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EXHIBIT 11
HemaCare Corporation
Basic and Diluted Net Income (Loss) per Share
| Three Months Ended September 30, | Nine Months Ended September 30, | |||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2008 | 2007 | 2008 | 2007 | |||||||||
BASIC | |||||||||||||
Weighted average common shares used to compute basic earnings per share | 9,696,000 | 8,794,000 | 9,415,000 | 8,588,000 | |||||||||
Net income (loss)—continuing operations | $ | 455,000 | $ | (1,027,000 | ) | $ | 708,000 | (1,960,000 | ) | ||||
Basic net income (loss) per share—continuing operations | $ | 0.05 | $ | (0.12 | ) | $ | 0.08 | $ | (0.23 | ) | |||
Net (loss) income—discontinued operations | $ | (170,000 | ) | (4,569,000 | ) | $ | 92,000 | (4,396,000 | ) | ||||
Basic net (loss) income per share—discontinued operations | $ | (0.02 | ) | $ | (0.52 | ) | $ | 0.01 | $ | (0.51 | ) | ||
Total net income (loss) | $ | 285,000 | $ | (5,596,000 | ) | $ | 800,000 | $ | (6,356,000 | ) | |||
Total basic net income (loss) per share | $ | 0.03 | $ | (0.64 | ) | $ | 0.08 | $ | (0.74 | ) | |||
DILUTED | |||||||||||||
Weighted average common shares used to compute basic earnings per share | 9,696,000 | 8,794,000 | 9,415,000 | 8,588,000 | |||||||||
Dilutive common equivalent shares attributable to stock options (based on average market price) | 246,000 | — | 173,000 | — | |||||||||
Weighted average common shares and equivalents used to compute diluted earnings per share | 9,942,000 | 8,794,000 | 9,588,000 | 8,588,000 | |||||||||
Net income (loss)—continuing operations | $ | 455,000 | $ | (1,027,000 | ) | $ | 708,000 | $ | (1,960,000 | ) | |||
Diluted net income (loss) per share—continuing operations | $ | 0.05 | $ | (0.12 | ) | $ | 0.07 | $ | (0.23 | ) | |||
Net (loss) income—discontinued operations | $ | (170,000 | ) | $ | (4,569,000 | ) | $ | 92,000 | $ | (4,396,000 | ) | ||
Diluted net (loss) income per share—discontinued operations | $ | (0.02 | ) | $ | (0.52 | ) | $ | 0.01 | $ | (0.51 | ) | ||
Total net income (loss) | $ | 285,000 | $ | (5,596,000 | ) | $ | 800,000 | $ | (6,356,000 | ) | |||
Total diluted net income (loss) per share | $ | 0.03 | $ | (0.64 | ) | $ | 0.08 | $ | (0.74 | ) | |||
EXHIBIT 11 HemaCare Corporation Basic and Diluted Net Income (Loss) per Share