1 EPL Technologies, Inc. Exhibit 11.0 Computation of Earnings per Common Share and Fully Diluted Earnings per Common Share 2 EXHIBIT 11.0 EPL TECHNOLOGIES, INC. COMPUTATION OF LOSS PER SHARE (UNAUDITED) (In thousands, except per share data) Three Months Ended March 31, 2000 1999 -------- -------- (As restated) Net loss ($ 3,762) ($ 3,032) Deduct: Accretion, discount and dividends on preferred stock 540 124 -------- -------- Net loss applicable to common shareholders ($ 4,302) ($ 3,156) ======== ======== Weighted average number of common shares outstanding 30,566 11,752 ======== ======== Basic loss per share ($ 0.14) ($ 0.27) ======== ======== Net Loss for diluted loss per share computation ($ 3,762) ($ 3,032) ======== ======== Weighted average number of common shares outstanding 30,566 11,752 Common share equivalent applicable to: Series A convertible preferred stock 40 40 Series D convertible preferred stock 0 1,644 Warrants 4,559 279 Stock options 40 306 Less common stock acquired with net proceeds 4,639 1,321 Weighted average number of common shares and common share equivalents used to compute -------- -------- diluted loss per share 30,566 12,700 ======== ======== Diluted loss per share ($ 0.11) ($ 0.24) ======== ========