EXHIBIT 11.3 Schick Technologies, Inc. Computation of Earnings Per Share Days Weighted Average Shares Outstanding Shares ----------------------------------------------------- Nine months ended December 31, 1996 - ----------------------------------- Earnings Per Share Shares outstanding at April 1, 1996 7,052,870 274 7,052,870 Issuance of common stock upon conversion of notes payable 56,000 274 56,000 32,480 252 29,872 92,400 154 51,933 133,966 125 61,118 22,400 105 10,137 11,200 78 4,292 26,000 7,971 Issuance and sale of common stock 424,953 154 238,842 2,800 148 1,512 42,442 124 19,208 14,000 78 3,985 33,600 14 1,717 Shares issued as placement fee in private placement 2,520 154 1,416 3,450 124 1,561 1,568 78 448 1,137 77 320 ---------- Weighted average shares outstanding 7,543,199 Net loss for the nine months ended December 31, 1996 $ (590,812) ---------- Loss per share $ (0.08) ---------- Earnings Per Share - assuming dilution Weighted average shares outstanding 7,543,199 Cheap stock consideration for stock, stock options and warrants issued during fiscal 1997 885,792 120 387,938 549,591 6 12,035 548,026 24 48,002 399,806 1 1,459 379,882 19 26,342 369,920 26 35,102 335,707 1 1,225 334,854 14 17,109 Options outstanding 50,400 274 50,400 ---------- Weighted average shares outstanding - assuming dilution 8,122,811 Net income for the nine months ended December 31, 1996 -- assuming dilution $ (567,446) ---------- Loss per share - assuming dilution $ (0.07) ---------- 15