EXHIBIT 11.1 Schick Technologies, Inc. Computation of Earnings Per Share Days Weighted Shares Outstanding Average Shares ----------------------------------------------- Three months ended September 30, 1996 Shares outstanding at April 1, 1996 7,052,870 91 7,052,870 Issuance of common stock upon conversion of notes payable 56,000 91 56,000 32,480 91 32,480 92,400 62 62,954 133,966 32 47,109 22,400 31 7,631 11,200 12 1,477 Issuance and sale of common stock 424,953 62 289,528 2,800 56 1,723 42,442 32 14,925 Shares issued as placement fee in private placement 2,520 62 1,717 3,450 32 1,213 Cheap stock consideration for stock, stock options and warrants issued during fiscal 1997 871,026 29 277,580 539,927 6 35,600 538,396 24 141,995 391,054 1 4,297 371,199 19 77,503 361,272 12 47,639 Options outstanding 50,244 91 50,244 ----------- Weighted average shares outstanding 8,204,485 Net loss for the three months ended September 30, 1996 $ (239,962) ----------- Net loss per share $ (0.04) =========== 12