HemaCare Corporation
EXHIBIT 11
Basic and Diluted Net Income per Share
Three months ended
March 31,
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2001 2000
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BASIC
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Weighted average common shares used
to compute basic earnings per
share............................... 7,505,081 7,489,055
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Net income.......... $ 219,000 $ 325,000
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Basic net income per share............. $ 0.03 $ 0.04
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DILUTED
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Weighted average common shares used to
compute basic earnings per share.... 7,505,081 7,489,055
Dilutive preferred equivalent shares.. 500,000
Dilutive common equivalent shares
attributable to stock options
(based on average market price)..... 511,098 820,055
Dilutive common equivalent shares
attributable to warrants (based on
average market price)............... 19,424 78,914
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Weighted average common shares and
equivalents used to compute
diluted earnings per share.......... 8,035,603 8,888,024
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Net income........... $ 219,000 $ 325,000
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Diluted net income per share ...... $ 0.03 $ 0.04
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