EXHIBIT 11
CANTEL INDUSTRIES, INC.
COMPUTATION OF EARNINGS PER SHARE
Three Months Ended Six Months Ended
January 31, January 31,
1998 1997 1998 1997
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BASIC
Weighted average number of
shares outstanding 4,166,322 4,071,804 4,166,322 3,981,803
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Net income $ 488,000 $ 442,000 $ 781,000 $ 664,000
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Earnings per common share $ 0.12 $ 0.11 $ 0.19 $ 0.17
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DILUTED
Weighted average number of
shares outstanding 4,166,322 4,071,804 4,166,322 3,981,803
Dilutive effect of options and
warrants using the treasury
stock method and the average
market price for the period 229,367 287,042 222,648 358,008
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Weighted average number of
shares and common stock
equivalents 4,395,689 4,358,846 4,388,970 4,339,811
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Net income $ 488,000 $ 442,000 $ 781,000 $ 664,000
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Earnings per common share $ 0.11 $ 0.10 $ 0.18 $ 0.15
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