EX-11 5 d788459_1.txt CALCULATION OF NET EARNINGS EXHIBIT 11.1 OPHTHALMIC IMAGING SYSTEMS CALCULATION OF NET EARNINGS (LOSS) PER SHARE The following table sets forth the calculation of basic and diluted earnings (loss) per share:
Four-Month Year Ended Period Ended Year Ended December 31, December 31, August 31, 2001 2000 2000 ----------------- ----------------- ---------------- Numerator for basic and diluted net earnings (loss) per share $ 72,454 $ (1,465,756) $ (1,171,563) ================= ================= ================ Denominator for basic net loss per share: Weighted average shares 8,138,305 8,138,305 4,430,413 Effect of dilutive securities (1): Employee stock options -- -- -- Warrants and other -- -- -- ----------------- ----------------- ---------------- Dilutive potential common shares -- -- -- ----------------- ----------------- ---------------- Denominator for diluted net loss per share 8,138,305 8,138,305 4,430,413 ================= ================= ================ Basic net earnings (loss) per share $ 0.01 $ (0.18) $ (0.26) ================= ================= ================ Diluted net earnings (loss) per share $ 0.01 $ (0.18) $ (0.26) ================= ================= ================ (1) No amounts are included, as amounts are anti-dilutive.