HEALTHAXIS INC. EXHIBIT 11
COMPUTATION OF EARNINGS (LOSS) PER SHARE
(In thousands except per share data) Three Months Ended June 30 Six Months Ended June 30,
2000 1999 2000 1999
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Primary Earnings (Loss) Per Share
NET INCOME (LOSS) APPLICABLE TO COMMON STOCK: ($13,388) ($10,539) $(25,061) $(13,440)
WEIGHTED AVERAGE SHARES:
Common stock 13,098 12,039 13,072 11,797
Common stock equivalents applicable to stock options and warrants * *
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Total 13,098 12,039 13,072 11,797
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PRIMARY EARNINGS (LOSS) PER SHARE: (1.02) $ (0.88) $ (1.92) $ (1.14)
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Fully Diluted Earnings (Loss) Per Share
NET INCOME (LOSS) APPLICABLE TO COMMON STOCK: (13,388) $(10,539) $(25,061) $(13,440)
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WEIGHTED AVERAGE SHARES:
Common stock 13,098 12,039 13,072 11,797
Common stock equivalents applicable to stock options and warrants * * * *
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Total 13,098 12,039 13,072 11,797
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FULLY DILUTED EARNINGS (LOSS) PER SHARE: (1.02) $ (0.88) $ (1.92) $ (1.14)
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* Anti-dilutive; therefore effects have been excluded.