EXHIBIT 11.1
PARACELSUS HEALTHCARE CORPORATION
COMPUTATION OF EARNINGS (LOSS) PER SHARE
(In thousands, except per share data)
Three Months Ended Six Months Ended
June 30, June 30,
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1997 1996 1997 1996
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PRIMARY:
(1) Net income (loss) $(3,017) $(5,162) $2,151 $(19,511)
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Shares used in this computation:
Weighted average common shares
outstanding 54,879 29,772 54,847 29,772
Shares applicable to stock options
and warrants, net of shares
assumed to be purchased from
proceeds at average market price - - 1,427 -
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(2) Total shares for net income
per share computation 54,879 29,772 56,274 29,772
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Income (loss) per share:
Continuing operations $ (0.05) $ (0.04) $ 0.04 $ (0.14)
Discontinued operations - (0.13) - (0.52)
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Net income (loss) per share
(1 divided by 2) $ (0.05) $ (0.17) $ 0.04 $ (0.66)
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FULLY DILUTED:
(3) Net income (loss) (1) $(3,017) $(5,162) $ 2,151 $(19,511)
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Shares used in this computation:
Total primary shares (2) 54,879 29,772 56,274 29,772
Shares applicable to stock options
and warrants in addition to
those used in primary computation,
using period-end market
price when higher than average - - - -
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(4) Total fully diluted shares 54,879 29,772 56,274 29,772
Income (loss) per share:
Continuing operations $ (0.05) $ (0.04) $ 0.04 $ (0.14)
Discontinued operations - (0.13) - (0.52)
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Net income (loss) per share
(3 divided by 4) $ (0.05) $ (0.17) $ 0.04 $ (0.66)
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