EXHIBIT 11
SURGICAL LASER TECHNOLOGIES, INC.
AND SUBSIDIARIES
COMPUTATION OF EARNINGS PER SHARE (UNAUDITED)
(In thousands, except per share data)
For the Quarter Ended: For the Nine Months Ended:
---------------------- --------------------------
Oct. 1, Oct. 2, Oct. 1, Oct. 2,
1995 1994 1995 1994
---- ---- ---- ----
Primary Earnings (Loss) Per
Common Share:
Net income (loss) ($996) $203 ($3,941) $898
---------- ---------- --------- ----------
Weighted average number of shares
of Common Stock outstanding during
the period 9,851 9,114 9,851 9,097
Additional shares assuming excercise
of stock options and warrants
utilizing the treasury stock method - 141 - 114
---------- ---------- --------- ----------
Weighted average Common Stock and Common
Stock equivalents outstanding 9,851 9,255 9,851 9,211
---------- ---------- --------- ----------
Primary earnings (loss) per share ($0.10) $0.02 ($0.40) $0.10
========== ========== ========= ==========
Fully Diluted Earnings (Loss) Per
Common Share:
Net income (loss) ($996) $241 ($3,941) $1,011
---------- ---------- --------- ----------
Weighted average number of shares
of Common Stock outstanding during
the period 9,851 9,114 9,851 9,097
Additional shares assuming excercise
of stock options and warrants
utilizing the treasury stock method - 141 - 149
Additional shares assuming conversion
of convertible subordinated notes - 440 - 440
---------- ---------- --------- ----------
Weighted average Common Stock and Common
Stock equivalents outstanding 9,851 9,695 9,851 9,686
---------- ---------- --------- ----------
Fully diluted earnings (loss) per share ($0.10) $0.02 ($0.40) $0.10
========== ========== ========= ==========
- 15 -