Exhibit 11
INTERNATIONAL MUREX TECHNOLOGIES CORPORATION
COMPUTATIONS OF EARNINGS PER SHARE (1)
Three Months Ended Nine Months Ended
September 30, September 30,
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1996 1995 1996 1995
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PRIMARY
Weighted average shares outstanding
during the period 16,168 16,306 16,164 16,424
Shares issuable upon assumed exercise
of stock options and warrants, less
amounts assumed repurchased under
treasury stock method(2) 279 7 93 3
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Total common shares and common
shares equivalents 16,447 16,313 16,257 16,427
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Net income (loss) $1,292 ($2,107) $9 ($5,290)
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Primary per share amount $0.08 ($0.13) $0.00 ($0.32)
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FULLY DILUTED(3)
Total common shares and common
share equivalents 16,447 16,313 16,257 16,427
Additional shares issuable upon
assumed exercise of stock options
and warrants, less amounts assumed
repurchased under treasury stock
method(2) 395 132
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Total 16,842 16,313 16,389 16,427
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Net income (loss) $1,292 ($2,107) $9 ($5,290)
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Fully diluted per share amount $0.08 ($0.13) $0.00 ($0.32)
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(1) Weighted average share and dollar amounts, except per share amounts,
are stated in thousands
(2) Shares issued from assumed exercise of options and warrants include
the number of incremental shares which result from applying the
"treasury stock method" for options and warrants, APB Opinion
No. 15, paragraph 36. The options and warrants are antidilutive in
1995 and are not included in the calculation.
(3) This calculation is submitted in accordance with 17 CFR 229.601(b)(11)
although not required by APB Opinion No. 15 because it results in
dilution of less than 3%.