Matria Healthcare, Inc. and Subsidiaries
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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2000 1999 2000 1999
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Basic
Net earnings (loss)
Continuing operations $ 2,089 19,961 13,694 31,366
Discontinued operations (180) 599 - 2,640
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1,909 20,560 13,694 34,006
Preferred stock dividend requirements (800) (800) (3,200) (3,049)
Accretion on preferred stock (111) (113) (441) (420)
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Net earnings available to common shareholders $ 998 19,647 10,053 30,537
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Shares:
Weighted average number of common shares outstanding 8,907 9,191 9,139 9,151
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Net earnings (loss) per common share
Continuing operations $ 0.13 2.07 1.10 3.05
Discontinued operations (0.02) 0.07 - 0.29
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$ 0.11 2.14 1.10 3.34
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Diluted
Net earnings available to common shareholders $ 998 19,647 10,053 30,537
Dividends on convertible preferred shares - 100 400 381
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Net earnings for diluted calculation $ 998 19,747 10,453 30,918
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Shares:
Weighted average number of common shares outstanding 8,907 9,191 9,139 9,151
Shares issuable from assumed exercise of options and warrants - 282 251 356
Convertible preferred stock - 556 556 529
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8,907 10,029 9,946 10,036
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Net earnings (loss) per common share
Continuing operations $ 0.13 1.91 1.05 2.82
Discontinued operations (0.02) 0.06 - 0.26
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Total $ 0.11 1.97 1.05 3.08
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