EX-11 6 dex11.txt STATEMENT REGARDING COMPUTATION OF EARNINGS Exhibit 11 IMPERIAL CREDIT INDUSTRIES, INC. COMPUTATION OF LOSS PER SHARE (In thousands, except per share amounts)
Years Ended December 31, ----------------------------- 2001 2000 1999 --------- --------- ------- (In thousands) Loss from continuing operations before extraordinary item......... $(130,854) $(161,642) $(5,950) Operating loss from discontinued operations of AMN, net of income taxes........................................................... (3,656) (5,218) (899) Loss before extraordinary item.................................... (134,510) (166,860) (6,849) Extraordinary item--gain on early extinguishment of debt, net of income taxes.................................................... 2,912 3,534 4,021 --------- --------- ------- Net loss...................................................... $(131,598) $(163,326) $(2,828) ========= ========= ======= Weighted average common shares used to compute basic loss per share........................................................... 37,142 32,573 34,517 Number of common shares used to compute diluted loss per share.... 37,142 32,573 34,517 Basic and diluted loss per share: Loss from continuing operations before extraordinary item......... $ (3.52) $ (4.96) $ (0.17) Loss from discontinued operations, net of income taxes............ (0.10) (0.16) (0.02) Extraordinary item--gain on early extinguishment of debt, net of income taxes.................................................... 0.08 0.11 0.11 --------- --------- ------- Net basic loss per common share............................... $ (3.54) $ (5.01) $ (0.08) ========= ========= =======