8. INCOME (LOSS) PER SHARE

3 Months Ended

Jun. 30, 2013

Earnings (loss) per common share attributable to Integrated Healthcare Holdings, Inc. stockholders

NOTE 8 - INCOME (LOSS) PER SHARE

Income (loss) per share is calculated under two different methods, basic and diluted. Basic income (loss) per share is calculated by dividing the net income (loss) by the weighted average shares of common stock outstanding during the period. Diluted income (loss) per share is calculated by dividing the net income (loss) by the weighted average shares of common stock outstanding during the period and dilutive potential shares of common stock. Dilutive potential shares of common stock, as determined under the treasury stock method, consist of shares of common stock issuable upon exercise of stock warrants or options, net of shares of common stock assumed to be repurchased by the Company from the exercise proceeds.

Since the Company incurred a loss for the three months ended June 30, 2012, the potential shares of common stock consisting of approximately 413 million shares issuable under warrants and stock options were not included in the diluted calculations since they were anti-dilutive.

Income per share for the three months ended June 30, 2013 was computed as shown below. Stock options and warrants aggregating approximately 411 million shares were not included in the diluted calculation since they were anti-dilutive.

	Three months ended June 30,
	2013		2012
Numerator:
Net income attributable to
Integrated Healthcare Holdings, Inc.	$	45,403	$	(3,474	)
Denominator:
Weighted average common shares		255,307		255,307
Dilutive options		1,852		–
Denominator for diluted calculation		257,159		255,307
Income per share - basic	$	0.18	$	(0.01	)
Income per share - diluted	$	0.18	$	(0.01	)