HemaCare Corporation
EXHIBIT 11
Basic and Diluted Net (Loss) Income per Share
Three months ended Nine months ended
September 30, September 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............................... 7,737,946 7,541,024 7,647,197 7,509,358
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Net (loss) income.. $ (462,000) $ 5,000 $ (619,000) $ 377,000
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Basic net (loss) income per share..... $ (0.06) $ 0.00 $ (0.08) $ 0.05
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DILUTED
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Weighted average common shares used to
compute basic earnings per share.... 7,737,946 7,541,024 7,647,197 7,509,358
Dilutive common equivalent shares
attributable to stock options
(based on average market price)..... - 834,762 - 698,224
Dilutive common equivalent shares
attributable to warrants (based on
average market price)................ - 50,788 - 39,402
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Weighted average common shares and
equivalents used to compute
diluted earnings per share........... 7,737,946 8,426,574 7,647,197 8,246,984
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Net (loss) income...... $ (462,000) $ 5,000 $ (619,000) $ 377,000
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Diluted net (loss) income per share .. $ (0.06) $ 0.00 $ (0.08) $ 0.05
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