1
EPL Technologies, Inc.
Exhibit 11.0
Computation of Earnings per Common Share and
Diluted Earnings per Common Share
2
EXHIBIT 11.0
EPL TECHNOLOGIES, INC.
COMPUTATION OF LOSS PER SHARE
(UNAUDITED)
(IN THOUSANDS, EXCEPT PER SHARE DATA)
SIX MONTHS ENDED THREE MONTHS ENDED
JUNE 30, JUNE 30,
2000 1999 2000 1999
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Net Loss $ (8,736) $ (5,821) $ (4,974) $ (2,789)
Deduct:
Accretion, discount and dividends on
preferred stock 1,048 246 508 122
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Net loss for common shareholders $ (9,784) $ (6,067) $ (5,482) $ (2,911)
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Weighted average number
of common shares outstanding 30,992 11,829 31,418 11,905
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Basic Loss Per Share $ (0.31) $ (0.51) $ (0.17) $ (0.24)
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Net Loss for diluted loss
per share computation $ (8,736) $ (5,821) $ (4,974) $ (2,789)
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Weighted average number
of common shares outstanding 30,992 11,829 31,418 11,905
Common share equivalent applicable to:
Series A convertible preferred stock 40 40 40 40
Series D convertible preferred stock 0 1,863 0 2,071
Series A warrants 0 15 0 15
Series D warrants 0 202 0 202
Other warrants 5,403 62 6,270 62
Stock options 104 316 172 351
Less common stock acquired with net proceeds (2,079) (1,453) (2,809) (1,559)
Weighted average number of common shares
and common share equivalents used to compute ----- ------ ------ ------
diluted loss per share 34,460 12,874 35,091 13,087
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Diluted loss per share $ (0.25) $ (0.45) $ (0.14) $ (0.21)
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