EXHIBIT 11
ABATIX ENVIRONMENTAL CORP. AND SUBSIDIARY
Computation Re Per Share Earnings
Year Ended December 31,
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1995 1994 1993
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Average shares outstanding:
Primary:
Common shares outstanding,
beginning of period 2,293,248 2,275,918 2,107,633
Weighted average number
of shares issued 22,932 36,995 97,001
Weighted average number
of shares acquired (108,724) (1,829) -
Dilutive stock options and warrants,
based on the treasury stock
method using average market prices 30,856 18,990 99,725
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Total 2,238,312 2,330,074 2,304,359
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Fully Diluted:
Common shares outstanding,
beginning of period 2,293,248 2,275,918 2,107,633
Weighted average number
of shares issued 22,932 36,995 97,001
Weighted average number
of shares acquired (108,724) (1,829) -
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 30,856 18,990 101,467
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Total 2,238,312 2,330,074 2,306,101
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Earnings:
Earnings from continuing operations $ 813,377 $ 580,209 $ 283,201
Loss from discontinued operations - (363,233) (144,073)
Cumulative effect at January 1, 1993 of
change in accounting for income taxes - - 19,697
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Net earnings $ 813,377 $ 216,976 $ 158,825
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Primary earnings per common and common
equivalent share:
Earnings from continuing operations $ 0.36 $ 0.25 $ 0.12
Loss from discontinued operations - (0.16) (0.06)
Cumulative effect at January 1, 1993 of
change in accounting for income taxes - - 0.01
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Net earnings $ 0.36 $ 0.09 $ 0.07
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Fully diluted earnings per common and
common equivalent share:
Earnings from continuing operations $ 0.36 $ 0.25 $ 0.12
Loss from discontinued operations - (0.16) (0.06)
Cumulative effect at January 1, 1993 of
change in accounting for income taxes - - 0.01
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Net earnings $ 0.36 $ 0.09 $ 0.07
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