MATRIA HEALTHCARE, INC. AND SUBSIDIARIES EXHIBIT 11
COMPUTATION OF EARNINGS (LOSS) PER SHARE
(Amounts in thousands, except per share amounts)
(Unaudited)
THREE MONTHS ENDED YEARS ENDED
DECEMBER 31, DECEMBER 31,
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2001 2000 2001 2000
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BASIC
Net earnings (loss)
Continuing operations $ 400 2,089 7,925 13,694
Discontinued operations (1,030) (180) (1,240) --
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(630) 1,909 6,685 13,694
Preferred stock dividend requirements -- (800) (1,638) (3,200)
Accretion on preferred stock -- (111) (225) (441)
Net gain on repurchases of preferred stock -- -- 739 --
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Net earnings (loss) available to common shareholders $ (630) 998 5,561 10,053
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Shares:
Weighted average number of common shares outstanding 8,785 8,907 8,748 9,139
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Net earnings (loss) per common share
Continuing operations $ 0.05 0.13 0.78 1.10
Discontinued operations (0.12) (0.02) (0.14) --
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$ (0.07) 0.11 0.64 1.10
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DILUTED
Net earnings (loss) available to common shareholders $ (630) 998 5,561 10,053
Dividends on convertible preferred shares -- -- 25 400
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Net earnings (loss) for diluted calculation $ (630) 998 5,586 10,453
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Shares:
Weighted average number of common shares outstanding 8,785 8,907 8,748 9,139
Shares issuable from assumed exercise of options and warrants 410 -- 209 251
Convertible preferred stock -- -- 35 556
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9,195 8,907 8,992 9,946
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Net earnings (loss) per common share
Continuing operations $ 0.04 0.13 0.76 1.05
Discontinued operations (0.11) (0.02) (0.14) --
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Total $ (0.07) 0.11 0.62 1.05
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