EX-11.1 3 g76369ex11-1.txt PEDIATRIX - COMPUTATION OF PER SHARE EARNINGS EXHIBIT 11.1 STATEMENT RE COMPUTATION OF PER SHARE EARNINGS THREE MONTHS ENDED MARCH 31, ------------------------ 2002 2001 ------- ------- (IN THOUSANDS, EXCEPT FOR PER SHARE DATA) Basic: Net income applicable to common stock $13,476 $ 3,604 ======= ======= Weighted average number of common shares outstanding 25,226 15,895 ======= ======= Basic net income per share $ .53 $ .23 ======= ======= Diluted: Net income $13,476 $ 3,604 Interest expense on convertible subordinated debt, net of tax 8 -- ------- ------- Net income applicable to common stock $13,484 $ 3,604 ======= ======= Weighted average number of common shares outstanding 25,226 15,895 Weighted average number of dilutive common stock equivalents 1,345 797 Dilutive effect of convertible subordinated debt 36 -- ------- ------- Weighted average number of common and common equivalent shares outstanding 26,607 16,692 ======= ======= Diluted net income per share $ .51 $ .22 ======= =======