EXHIBIT 11
ABATIX ENVIRONMENTAL CORP. AND SUBSIDIARY
Computation Re Per Share Earnings
Three Months Ended Six Months Ended
June 30, June 30,
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1995 1994 1995 1994
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Average shares outstanding:
Primary:
Common shares outstanding,
beginning of period 2,319,748 2,275,918 2,319,748 2,275,918
Weighted average number
of shares issued 21,566 40,000 14,937 32,389
Weighted average number
of shares acquired (121,556) - (92,528) -
Dilutive stock options and
warrants, based on the
treasury stock method using
average market prices 22,128 20,509 19,784 21,842
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Total 2,241,886 2,336,427 2,261,941 2,330,149
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Fully Diluted:
Common shares outstanding,
beginning of period 2,319,748 2,275,918 2,319,748 2,275,918
Weighted average number
of shares issued 21,566 40,000 14,937 32,389
Weighted average number
of shares acquired (121,556) - (92,528) -
Dilutive stock options and
warrants, based on the
treasury stock method
using the market price
at the end of the period
if higher than the
average market price 22,128 20,509 23,661 21,496
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Total 2,241,886 2,336,427 2,265,818 2,329,803
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Primary and fully diluted earnings:
Earnings from
continuing operations $ 361,488 $ 155,151 $ 476,362 $ 249,550
Loss from
discontinued operations - (62,895) - (93,414)
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Net earnings $ 361,488 $ 92,256 $ 476,362 $ 156,136
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Primary earnings per common
and common equivalent share:
Earnings from
continuing operations $ 0.16 $ 0.07 $ 0.21 $ 0.11
Loss from
discontinued operations - (0.03) - (0.04)
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Net earnings $ 0.16 $ 0.04 $ 0.21 $ 0.07
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Fully diluted earnings
per common and common
equivalent share:
Earnings from
continuing operations $ 0.16 $ 0.07 $ 0.21 $ 0.11
Loss from
discontinued operations - (0.03) - (0.04)
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Net earnings $ 0.16 $ 0.04 $ 0.21 $ 0.07
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