Amsurg (AMSG) 10-Q 2007 Q2 Quarterly report

Exhibit 11

AmSurg Corp.

Earnings Per Share
For the Three and Six Months Ended June 30, 2007 and 2006

The following is a reconciliation of the numerator and denominators of basic and diluted earnings per share (in thousands, except per share amounts):

	Three Months Ended June 30,						Six Months Ended June 30,
	Earnings		Shares		Per Share		Earnings		Shares		Per Share
	(Numerator)		(Denominator)		Amount		(Numerator)		(Denominator)		Amount
2007:
Net earnings from continuing operations per common share (basic)	$	11,013		30,541	$	0.36	$	21,242		30,294	$	0.70
Effect of dilutive securities options		—		544				—		501
Net earnings from continuing operations per common share (diluted)	$	11,013		31,085	$	0.35	$	21,242		30,795	$	0.69
Net earnings per common share (basic)	$	11,192		30,541	$	0.37	$	21,469		30,294	$	0.71
Effect of dilutive securities options		—		544				—		501
Net earnings per common share (diluted)	$	11,192		31,085	$	0.36	$	21,469		30,795	$	0.70
2006:
Net earnings from continuing operations per common share (basic)	$	10,024		29,794	$	0.34	$	18,686		29,744	$	0.63
Effect of dilutive securities options		—		678				—		601
Net earnings from continuing operations per common share (diluted)	$	10,024		30,472	$	0.33	$	18,686		30,345	$	0.62
Net earnings per common share (basic)	$	10,104		29,794	$	0.34	$	18,829		29,744	$	0.63
Effect of dilutive securities options		—		678				—		601
Net earnings per common share (diluted)	$	10,104		30,472	$	0.33	$	18,829		30,345	$	0.62