EX-11 3 exh11.txt COMPUTATIONS OF EARNINGS PER SHARE First Health Group Corp. and Subsidiaries EXHIBIT 11 COMPUTATION OF BASIC EARNINGS PER COMMON SHARE (In 000's except per share amounts) (Unaudited) ---------------------------------------------------------------------------- Three Months Ended September 30, -------------------------- 2001 2000 ---------- ---------- Net income .................................. $ 26,364 $ 20,753 ========== ========== Weighted average number of common shares outstanding: Shares outstanding from beginning of period 98,937 96,656 Other issuances of common stock ........... 343 (238) Purchases of treasury stock ............... -- (630) ---------- ---------- Weighted average common and common share equivalents................................ 99,280 95,788 ========== ========== Net income per common share................. $ .27 $ .22 ========== ========== Nine months ended September 30, -------------------------- 2001 2000 ---------- ---------- Net income .................................. $ 76,093 $ 60,898 ========== ========== Weighted average number of common shares outstanding: Shares outstanding from beginning of period 96,408 95,312 Other issuances of common stock ........... 1,500 1,101 Purchases of treasury stock ............... -- (757) ---------- ---------- Weighted average common and common share equivalents................................ 97,908 95,656 ========== ========== Net income per common share.................. $ .78 $ .64 ========== ==========
First Health Group Corp. and Subsidiaries EXHIBIT 11 COMPUTATION OF DILUTED EARNINGS PER COMMON SHARE (In 000's except per share amounts) (Unaudited) ---------------------------------------------------------------------------- Three Months Ended September 30, -------------------------- 2001 2000 ---------- ---------- Net income .................................. $ 26,364 $ 20,753 ========== ========== Weighted average number of common shares outstanding: Shares outstanding from beginning of period 98,937 96,656 Other issuances of common stock ........... 343 (238) Purchases of treasury stock ............... -- (630) Common Stock Equivalents: Additional equivalent shares issuable from assumed exercise of common stock options 4,666 3,962 ---------- ---------- Weighted average common and common share equivalents................................ 103,946 99,750 ========== ========== Net income per common share................. $ .25 $ .21 ========== ========== Nine months ended September 30, -------------------------- 2001 2000 ---------- ---------- Net income .................................. $ 76,093 $ 60,898 ========== ========== Weighted average number of common shares outstanding: Shares outstanding from beginning of period 96,408 95,312 Other issuances of common stock ........... 1,500 1,101 Purchases of treasury stock ............... -- (757) Common Stock Equivalents: Additional equivalent shares issuable from assumed exercise of common stock options 4,752 3,854 ---------- ---------- Weighted average common and common share equivalents................................ 102,660 99,510 ========== ========== Net income per common share.................. $ .74 $ .61 ========== ==========