1 DIALYSIS CORPORATION OF AMERICA AND SUBSIDIARIES EXHIBIT 11 -- COMPUTATION OF (LOSS) EARNINGS PER SHARE (UNAUDITED) THREE MONTHS ENDED SIX MONTHS ENDED JUNE 30, JUNE 30, 1996 1995 1996 1995 ---- ---- ---- ---- Primary and Fully Diluted Weighted average shares outstanding 3,334,493 2,432,844 2,883,668 2,432,844 ========== ========== ========== ========== Net (loss) income $ 29,584 $ (28,435) $ (55,065) $ 37,024 ========== ========== ========== ========== Net (loss) income per share $ .01 $ (.01) $ (.02) $ .02 ========== ========== ========== ==========