HemaCare Corporation
EXHIBIT 11
Basic and Diluted Net (Loss) Income per Share
Three months ended Six months ended
June 30, June 30,
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2002 2001 2002 2001
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BASIC
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Weighted average common shares used
to compute basic earnings per
share............................... 7,611,124 7,431,567 7,601,204 7,508,169
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Net (loss) income.. $ (19,000) $ 153,000 $ (157,000) $ 372,000
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Basic net (loss) income per share..... $ (0.00) $ 0.02 $ (0.02) $ 0.05
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DILUTED
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Weighted average common shares used to
compute basic earnings per share.... 7,611,124 7,431,567 7,601,204 7,508,169
Dilutive common equivalent shares
attributable to stock options
(based on average market price)..... - 648,631 - 758,411
Dilutive common equivalent shares
attributable to warrants (based on
average market price)................ - 39,030 - 30,809
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Weighted average common shares and
equivalents used to compute
diluted earnings per share........... 7,611,124 8,119,228 7,601,204 8,297,389
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Net (loss) income...... $ (19,000) $ 153,000 $ (157,000) $ 372,000
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Diluted net (loss) income per share .. $ (0.00) $ 0.02 $ (0.02) $ 0.04
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