EXHIBIT 11
CHATTEM, INC. AND SUBSIDIARIES
STATEMENT REGARDING COMPUTATION OF PER SHARE EARNINGS
FOR THE THREE MONTHS ENDED FEBRUARY 29, 1996 AND FEBRUARY 28, 1995
(IN THOUSANDS, EXCEPT PER SHARE AMOUNTS)
FOR THE THREE MONTHS ENDED
FEBRUARY 29, FEBRUARY 28,
1996 1995
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NET LOSS:
Continuing operations. . . . . . . . . . $ (38) $ (614)
Discontinued operations. . . . . . . . . - 361
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Net loss. . . . . . . . . . . . . . . . $ (38) $ (253)
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WEIGHTED AVERAGE NUMBER OF COMMON
AND COMMON EQUIVALENT SHARES OUT-
STANDING . . . . . . . . . . . . . . . . 7,292 7,292
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NET LOSS PER COMMON SHARE:
Continuing operations. . . . . . . . . . $ (.01) $ (.08)
Discontinued operations. . . . . . . . . - .05
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Net loss per common share . . . . . . . $ (.01) $ (.03)
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