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HemaCare Corporation
Exhibit 11
Basic and Diluted Net Income per Share
| For the three months ended September 30, | For the nine months ended September 30, | |||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2009 | 2008 | 2009 | 2008 | |||||||||
BASIC | |||||||||||||
Weighted average common shares used to compute basic earnings per share | 10,050,000 | 9,696,000 | 9,994,000 | 9,415,000 | |||||||||
Net income—continuing operations | $ | 246,000 | $ | 455,000 | $ | 697,000 | $ | 708,000 | |||||
Basic net income per share—continuing operations | $ | 0.02 | $ | 0.05 | $ | 0.07 | $ | 0.08 | |||||
Net (loss) income—discontinued operations | $ | (13,000 | ) | $ | (170,000 | ) | $ | (37,000 | ) | $ | 92,000 | ||
Basic net (loss) income per share—discontinued operations | $ | (0.00 | ) | $ | (0.02 | )# | $ | (0.00 | ) | $ | 0.01 | ||
Total net income | $ | 233,000 | $ | 285,000 | $ | 660,000 | $ | 800,000 | |||||
Total basic net income per share | $ | 0.02 | $ | 0.03 | $ | 0.07 | $ | 0.08 | |||||
DILUTED | |||||||||||||
Weighted average common shares used to compute basic earnings per share | 10,050,000 | 9,696,000 | 9,994,000 | 9,415,000 | |||||||||
Dilutive common equivalent shares attributable to stock options (based on average market price) | 207,000 | 246,000 | 92,000 | 173,000 | |||||||||
Weighted average common shares and equivalents used to compute diluted earnings per share | 10,257,000 | 9,942,000 | 10,086,000 | 9,588,000 | |||||||||
Net income—continuing operations | $ | 246,000 | $ | 455,000 | $ | 697,000 | $ | 708,000 | |||||
Diluted net income per share—continuing operations | $ | 0.02 | $ | 0.05 | $ | 0.07 | $ | 0.07 | |||||
Net (loss) income—discontinued operations | $ | (13,000 | ) | $ | (170,000 | ) | $ | (37,000 | ) | $ | 92,000 | ||
Diluted net loss per share -discontinued operations | $ | (0.00 | ) | $ | (0.02 | ) | $ | (0.00 | ) | $ | 0.01 | ||
Total net income | $ | 233,000 | $ | 285,000 | $ | 660,000 | $ | 800,000 | |||||
Total diluted net income per share | $ | 0.02 | $ | 0.03 | $ | 0.07 | $ | 0.08 | |||||
HemaCare Corporation Exhibit 11 Basic and Diluted Net Income per Share