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HemaCare Corporation
Exhibit 11
Basic and Diluted Net Income per Share
| For the three months ended June 30, | For the six months ended June 30, | |||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2009 | 2008 | 2009 | 2008 | |||||||||
BASIC | |||||||||||||
Weighted average common shares used to compute basic earnings per share | 10,028,000 | 9,635,000 | 9,966,000 | 9,272,000 | |||||||||
Net income—continuing operations | $ | 369,000 | $ | 165,000 | $ | 450,000 | $ | 252,000 | |||||
Basic net income per share—continuing operations | $ | 0.04 | $ | 0.02 | $ | 0.05 | $ | 0.03 | |||||
Net (loss) income—discontinued operations | $ | (12,000 | ) | $ | 263,000 | $ | (25,000 | ) | $ | 263,000 | |||
Basic net income per share—discontinued operations | $ | (0.00 | ) | $ | 0.02 | $ | (0.00 | ) | $ | 0.03 | |||
Total net income | $ | 357,000 | $ | 428,000 | $ | 425,000 | $ | 515,000 | |||||
Total basic net income per share | $ | 0.04 | $ | 0.04 | $ | 0.05 | $ | 0.06 | |||||
DILUTED | |||||||||||||
Weighted average common shares used to compute basic earnings per share | 10,028,000 | 9,635,000 | 9,966,000 | 9,272,000 | |||||||||
Dilutive common equivalent shares attributable to stock options (based on average market price) | 81,000 | 19,000 | 64,000 | 11,000 | |||||||||
Weighted average common shares and equivalents used to compute diluted earnings per share | 10,109,000 | 9,654,000 | 10,030,000 | 9,283,000 | |||||||||
Net income—continuing operations | $ | 369,000 | $ | 165,000 | $ | 450,000 | $ | 252,000 | |||||
Diluted net income per share—continuing operations | $ | 0.04 | $ | 0.02 | $ | 0.04 | $ | 0.03 | |||||
Net (loss) income—discontinued operations | $ | (12,000 | ) | $ | 263,000 | $ | (25,000 | ) | $ | 263,000 | |||
Diluted net (loss) income per share—discontinued operations | $ | (0.00 | ) | $ | 0.02 | $ | (0.00 | ) | $ | 0.03 | |||
Total net income | $ | 357,000 | $ | 428,000 | $ | 425,000 | $ | 515,000 | |||||
Total diluted net income per share | $ | 0.04 | $ | 0.04 | $ | 0.04 | $ | 0.06 | |||||
HemaCare Corporation Exhibit 11 Basic and Diluted Net Income per Share