EX-11 3 exhibit112001.txt EXHIBIT 11 HemaCare Corporation EXHIBIT 11 Net Income per Common and Common Equivalent Share Year Ended December 31, --------------------------- 2001 2000 ----------- ------------ BASIC ----- Weighted average common shares used to compute basic earnings per share............................... 7,533,970 7,566,800 =========== ============ Net income.......... $ 323,000 $ 4,350,000 =========== ============ Basic net income per share............. $ 0.04 $ 0.57 =========== ============ DILUTED ------- Weighted average common shares used to compute basic earnings per share.... 7,533,970 7,566,800 =========== =========== Dilutive preferred equivalent shares.. - 464,481 Dilutive common equivalent shares attributable to stock options (based on average market price)..... 723,887 703,714 Dilutive common equivalent shares attributable to warrants (based on average market price)............... 39,697 40,532 ----------- ----------- Weighted average common shares and equivalents used to compute diluted earnings per share.......... 8,297,554 8,775,527 =========== =========== Net income........... $ 323,000 $4,350,000 =========== =========== Diluted net income per share ...... $ 0.04 $ 0.50 =========== ===========