Healthtrust, Inc. - The Hospital Company
Exhibit 11 - Statement RE: Computation of Per Share Earnings
Three Years Ended August 31, 1994
(Dollars in Thousands, except per share data)
Year Ended August 31
1994 1993 1992
Primary:
Average shares outstanding 84,344,108 81,209,686 74,968,388
Net effect of dilutive warrants 2,123,265 2,112,334 1,742,167
Net effect of dilutive stock options 976,692 218,795 58,926
Total weighted average common shares 87,444,065 83,540,815 76,769,481
Net income before extraordinary charges $ 173,196 $ 135,191 $ 68,660
Extraordinary charges - 13,633 136,352
Net income (loss) $ 173,196 $ 121,558 $ (67,692)
Net income per share
before extraordinary charges $ 1.98 $ 1.62 $ 0.90
Extraordinary charges - 0.16 1.78
Net income (loss) per common share $ 1.98 $ 1.46 $ (0.88)
Fully Diluted:
Average shares outstanding 84,344,108 81,209,686 74,968,388
Net effect of dilutive warrants 2,165,914 2,296,859 1,742,167
Net effect of dilutive stock options 1,175,219 466,804 62,720
Total weighted average common shares 87,685,241 83,973,349 76,773,275
Net income before extraordinary charges $ 173,196 $ 135,191 $ 68,660
Extraordinary charges - 13,633 136,352
Net income (loss) $ 173,196 $ 121,558 $ (67,692)
Net income per share
before extraordinary charges $ 1.98 $ 1.61 $ 0.90
Extraordinary charges - 0.16 1.78
Net income (loss) per common share $ 1.98 $ 1.45 $ (0.88)