HemaCare Corporation
EXHIBIT 11
Basic and Diluted Net Income per Share
Three Months Ended Six months ended
June 30, June 30,
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2001 2000 2001 2000
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BASIC
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Weighted average common shares used
to compute basic earnings per
share............................... 7,431,567 7,625,054 7,508,169 7,561,490
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Net income.......... $ 153,000 $ 326,586 $ 372,000 $ 651,805
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Basic net income per share............. $ 0.02 $ 0.04 $ 0.05 $ 0.09
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DILUTED
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Weighted average common shares used to
compute basic earnings per share.... 7,431,567 7,625,054 7,508,169 7,561,490
Dilutive preferred equivalent shares.. 500,000 500,000
Dilutive common equivalent shares
attributable to stock options
(based on average market price)..... 648,631 714,787 758,411 771,465
Dilutive common equivalent shares
attributable to warrants (based on
average market price)............... 39,030 64,984 30,809 72,404
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Weighted average common shares and
equivalents used to compute
diluted earnings per share.......... 8,119,228 8,904,825 8,297,389 8,905,359
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Net income........... $ 153,000 $ 326,586 $ 372,000 $ 651,805
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Diluted net income per share ...... $ 0.02 $ 0.04 $ 0.04 $ 0.07
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