NOTE 8 - INCOME (LOSS) PER SHARE

9 Months Ended

Dec. 31, 2011

Earnings Per Share [Text Block]

NOTE 8 - INCOME (LOSS) PER SHARE

Income per share for the three and nine months ended December 31, 2011 and the three months ended December 31, 2010 was computed as shown below.  Stock options and warrants aggregating approximately 412 million shares were not included in the diluted calculations since they were anti-dilutive during the three and nine months ended December 31, 2011 and the three months ended December 31, 2010.

	Three months ended		Three months ended		Nine months ended
	December 31, 2011		December 31, 2010		December 31, 2011
Numerator:
Net income attributable to
Integrated Healthcare Holdings, Inc.	$	12,542	$	370	$	10,179
Denominator:
Weighted average common shares		255,307		255,307		255,307
Dilutive options		1,532		1,655		1,541
Denominator for diluted calculation		256,839		256,962		256,848
Income per share - basic	$	0.05	$	0.00	$	0.04
Income per share - diluted	$	0.05	$	0.00	$	0.04

Since the Company incurred a loss for the nine months ended December 31, 2010, the potential shares of common stock consisting of approximately 412 million shares issuable under warrants and stock options were not included in the diluted calculations since they were anti-dilutive for each of those periods.