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, 1999 1998 -------- -------- Net loss ($ 3,032) ($ 1,556) Deduct: Accretion, discount and dividends on preferred stock 124 1,351 -------- -------- Net loss applicable to common shareholders ($ 3,156) ($ 2,907) ======== ======== Weighted average number of common shares outstanding 11,752 9,072 ======== ======== Basic loss per share ($ 0.27) ($ 0.32) ======== ======== Net Loss for diluted loss per share computation ($ 3,032) ($ 1,556) ======== ======== Weighted average number of common shares outstanding 11,752 9,072 Common share equivalent applicable to: Series A convertible preferred stock 40 1,382 Series C convertible preferred stock 0 52 Series D convertible preferred stock 1,644 1,209 Series A warrants 15 36 Series D warrants 202 202 Other warrants 62 74 Stock options 306 1,802 Less common stock acquired with net proceeds 1,321 1,634 Weighted average number of common shares and common share equivalents used to compute _________ _________ diluted loss per share 12,700 12,195 ======== ======== Diluted loss per share ($ 0.24) ($ 0.13) ======== ========