EXHIBIT 11
CANTEL INDUSTRIES, INC.
COMPUTATION OF EARNINGS PER SHARE
Three Months Ended Six Months Ended
January 31, January 31,
1997 1996 1997 1996
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PRIMARY
Weighted average number of
shares outstanding 4,071,804 3,765,963 3,981,803 3,765,658
Dilutive effect of options and
warrants using the treasury
stock method and average
market price for the period 287,042 569,866 358,008 541,450
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Weighted average number of
shares and common stock
equivalents 4,358,846 4,335,829 4,339,811 4,307,108
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Net income $ 442,000 $ 119,000 $ 664,000 $ 81,000
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Net income per common share $ 0.10 $ 0.03 $ 0.15 $ 0.02
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CANTEL INDUSTRIES, INC.
COMPUTATION OF EARNINGS PER SHARE
Three Months Ended Six Months Ended
January 31, January 31,
1997 1996 1997 1996
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FULLY DILUTED
Weighted average number of
shares outstanding 4,071,804 3,765,963 3,981,803 3,765,658
Dilutive effect of options and
warrants using the treasury
stock method and the higher
of the period-end or average
market price for the period 306,317 578,040 374,588 574,553
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Weighted average number of
shares and common stock
equivalents 4,378,121 4,344,003 4,356,391 4,340,211
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Net income $ 442,000 $ 119,000 $ 664,000 $ 81,000
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Net income per common share $ 0.10 $ 0.03 $ 0.15 $ 0.02
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