Exhibit 11.1
SHERIDAN HEALTHCARE, INC.
Computation of Earnings per Share of Common Stock
(in thousands, except per share amounts)
Three Months Ended
September 30,
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1997 1996
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Primary Earnings Per Share:
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Weighted average shares outstanding............................................ 6,715 6,702
Dilutive effect of outstanding stock options................................... 396 106
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Primary weighted average shares of common stock and
common stock equivalents outstanding........................................ 7,111 6,808
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Net income..................................................................... $ 1,334 $ 727
Net income per share - primary................................................. $ .19 $ .11
Fully Diluted Earnings Per Share:
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Weighted average shares outstanding............................................ 6,715 6,702
Dilutive effect of outstanding stock options................................... 448 106
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Fully diluted weighted average shares of common stock and
common stock equivalents outstanding........................................ 7,163 6,808
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Net income..................................................................... $ 1,334 $ 727
Net income per share - fully diluted........................................... $ .19 $ .11
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