Attached files
| file | filename |
|---|---|
| 10-Q - FORM 10-Q - Health Fitness Corp /MN/ | c54654e10vq.htm |
| EX-32.1 - EX-32.1 - Health Fitness Corp /MN/ | c54654exv32w1.htm |
| EX-31.1 - EX-31.1 - Health Fitness Corp /MN/ | c54654exv31w1.htm |
| EX-31.2 - EX-31.2 - Health Fitness Corp /MN/ | c54654exv31w2.htm |
| EX-32.2 - EX-32.2 - Health Fitness Corp /MN/ | c54654exv32w2.htm |
EXHIBIT 11.0
Computation of Earnings per Share
The following represents the computation of earnings per share reflecting the assumption that the
granted shares under the option and warrants plan which would be dilutive will be exercised.
| Three Months Ended Sept. 30, | Nine Months Ended Sept. 30, | |||||||||||||||
| 2009 | 2008 | 2009 | 2008 | |||||||||||||
Net earnings, basic and diluted |
$ | 911,898 | $ | 841,350 | $ | 2,271,537 | $ | 1,528,762 | ||||||||
Weighted average common shares
outstanding, basic |
9,781,522 | 9,610,238 | 9,724,247 | 9,837,994 | ||||||||||||
Common share equivalents relating to: |
||||||||||||||||
Stock options |
160,211 | 78,703 | 80,317 | 143,690 | ||||||||||||
Warrants |
154,077 | — | — | 1,306 | ||||||||||||
Restricted stock |
342,345 | — | 334,087 | — | ||||||||||||
Weighted average common shares
outstanding |
10,438,155 | 9,688,941 | 10,138,651 | 9,982,990 | ||||||||||||
Net earnings per share: |
||||||||||||||||
Basic |
$ | 0.09 | $ | 0.09 | $ | 0.23 | $ | 0.16 | ||||||||
Diluted |
$ | 0.09 | $ | 0.09 | $ | 0.22 | $ | 0.15 | ||||||||
Anti-dilutive stock options and
warrants not included in the diluted
earnings per share computations |
90,250 | 1,720,099 | 1,629,701 | 1,603,459 | ||||||||||||
See notes to consolidated financial statements.