EXHIBIT 11.0
EPL TECHNOLOGIES, INC.
COMPUTATION OF LOSS PER SHARE
(UNAUDITED)
(IN THOUSANDS, EXCEPT PER SHARE DATA)
NINE MONTHS ENDED THREE MONTHS ENDED
SEPTEMBER 30, SEPTEMBER 30,
2001 2000 2001 2000
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Net Loss $(11,816) $(13,855) $ (4,377) $ (5,119)
Deduct:
Accretion, discount and dividends on
preferred stock 420 1,319 118 271
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Net loss for common shareholders $(12,236) $(15,174) $ (4,495) $ (5,390)
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Weighted average number
of common shares outstanding 40,847 31,842 45,205 33,525
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Basic Loss Per Share $ (0.30) $ (0.47) $ (0.10) $ (0.16)
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Net Loss for diluted loss
per share computation $(11,816) $(13,855) $ (4,377) $ (5,119)
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Weighted average number
of common shares outstanding 40,847 31,842 45,205 33,525
Common share equivalent applicable to:
Series A convertible preferred stock 7 30 7 10
Series E convertible preferred stock 361 0 921 0
Convertible debt 1,000 0 1,000 0
Warrants 939 5,845 1,600 6,551
Stock options 26 86 0 24
Less common stock acquired with net proceeds (377) (2,626) (56) (5,045)
Weighted average number of common shares
and common share equivalents used to compute _____ ______ _____ _____
diluted loss per share 42,803 35,177 48,677 35,065
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Diluted loss per share $ (0.28) $ (0.39) $ (0.09) $ (0.15)
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