DANNINGER MEDICAL TECHNOLOGY, INC. AND SUBSIDIARIES
EXHIBIT 11
COMPUTATION OF NET INCOME PER SHARE
For the three month and six month periods ending June 30, 1995 and 1994
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Three Months Ended Six Months Ended
June 30, June 30,
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1995 1994 1995 1994
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Weighted average number of
common shares outstanding.... 4,623,143 4,438,412 4,584,440 4,434,878
Shares issuable pursuant to
stock option plans and stock
warrants, less shares assumed
repurchased at the average
market prices................ 291,522 0 291,522 0
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Weighted average shares
outstanding, including common
stock equivalents............ 4,914,665 4,438,412 4,875,962 4,434,878
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Net income.................... $ 3,000 $(191,000) $ 157,000 $(160,000)
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Net income per share:......... $ .00 $ (.04) $ .03 $ (.04)
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Note: The application of the higher of quarter-end or year end market prices
in calculating fully-diluted earnings per share does not result in a
change to the calculation of primary earnings per share.