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COAST DENTAL SERVICES, INC.
EXHIBIT 11.1
COMPUTATION OF PER SHARE EARNINGS (LOSS)
<TABLE>
<CAPTION>
QUARTER ENDED SEPTEMBER 30, NINE MONTHS ENDED SEPTEMBER 30,
1999 2000 1999 2000
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<S> <C> <C> <C> <C>
Net income (loss) ............................ $ 439,049 $ (363,725) $2,067,320 $ (474,931)
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SHARES:
Basic weighted average number of shares
outstanding ............................... 6,595,640 6,286,384 7,076,687 6,294,997
Additional shares issuable under stock options
for diluted earnings per share ............ 53 -- 176 --
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Diluted weighted average number of shares
outstanding ............................... 6,595,693 6,286,384 7,076,863 6,294,997
BASIC EARNINGS (LOSS) PER SHARE:
Net income (loss) ............................ $ .07 $ (.06) $ .29 $ (.08)
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DILUTED EARNINGS (LOSS) PER SHARE:
Net income (loss) ............................ $ .07 $ (.06) $ .29 $ (.08)
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