1 DIALYSIS CORPORATION OF AMERICA AND SUBSIDIARIES EXHIBIT 11 -- COMPUTATION OF (LOSS) EARNINGS PER SHARE (UNAUDITED) THREE MONTHS ENDED NINE MONTHS ENDED SEPTEMBER 30, SEPTEMBER 30, 1996 1995 1996 1995 ---- ---- ---- ---- PRIMARY AND FULLY DILUTED Weighted average shares outstanding 3,585,453 2,432,844 3,119,304 2,432,844 ========== ========== ========== ========== Net (loss) income $ 19,140 $ 26,315 $ (35,925) $ 63,339 ========== ========== ========== ========== Net (loss) income per share $ .01 $ .01 $ (.01) $ .03 ========== ========== ========== ==========