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EXHIBIT 11.01
INTERPORE INTERNATIONAL, INC.
COMPUTATIONS OF NET INCOME PER SHARE
(in thousands, except per share data)
(unaudited)
Three months ended March 31,
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1999 1998
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Net income used in the calculation of basic earnings per share $ 1,082 $ 943
Interest on Convertible Subordinated Debentures 67 65
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Net income used in calculation of diluted earnings per share $ 1,149 $ 1,008
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Shares used in computing net income per share - basic:
Weighted average common shares outstanding 13,462 13,817
Effect of dilutive securities:
Weighted average convertible preferred stock 32 33
Shares issuable pursuant to stock option plans 288 607
Shares issuable under the Convertible Subordinated 495 782
Debentures
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Shares used in computing net income per share - diluted 14,277 15,239
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Net income per share - basic $ .08 $ .07
Net income per share - diluted $ .08 $ .07