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EXHIBIT 11
QUORUM HEALTH GROUP, INC. AND SUBSIDIARIES
EXHIBIT 11 - COMPUTATION OF EARNINGS PER SHARE
Year Ended June 30
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1996 1995 1994
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(In thousands, except per share data)
Primary
Average shares outstanding 48,127 47,243 36,125
Net effect of dilutive stock options based on the treasury
stock method using average market price 1,632 1,915 1,642
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Totals 49,759 49,158 37,767
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Net income $69,232 $55,955 $ 36,214
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Per Share Amount $ 1.39 $ 1.14 $ 0.96
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Fully Diluted
Average shares outstanding 48,127 47,243 36,125
Net effect of dilutive stock options based on the treasury
stock method using the higher of ending or average
market price 1,670 1,945 2,099
Convertible debentures (converted into common stock on
June 2, 1994) -- -- 2,946
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Totals 49,797 49,188 41,170
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Net income $69,232 $55,955 $ 36,214
Interest expense on convertible debentures -- -- 672
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Adjusted net income $69,232 $55,955 $ 36,886
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Per Share Amount $ 1.39 $ 1.14 $ 0.90
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