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Previous: INSPIRE INSURANCE SOLUTIONS INC, 10-Q, 2000-11-16 |
Next: INSPIRE INSURANCE SOLUTIONS INC, 10-Q, EX-15, 2000-11-16 |
EXHIBIT 11.1
COMPUTATION OF PER SHARE EARNINGS
(IN THOUSANDS EXCEPT PER SHARE AMOUNTS)
<TABLE>
<CAPTION>
Three months ended Nine months ended
September 30, September 30,
---------------------- ---------------------
2000 1999 2000 1999
-------- --------- --------- --------
<S> <C> <C> <C> <C>
Basic
Average shares outstanding.......................... 19,138 18,993 19,103 18,907
======== ========= ========= =========
Net loss............................................ $ (9,277) $ (20,354) $ (7,242) $ (14,084)
======== ========= ========= =========
Per share amount.................................... $ (0.48) $ (1.07) $ (0.38) $ (0.74)
======== ========= ========= =========
Diluted
Average shares outstanding.......................... 19,138 18,993 19,103 18,907
======== ========= ========= =========
Net effect of dilutive stock options based on the
treasury stock method using the average market price -- -- -- --
-------- --------- --------- ---------
Total............................................... 19,138 18,993 19,103 18,907
======== ========= ========= =========
Net loss............................................ $ (9,277) $ (20,354) $ (7,242) $ (14,084)
======== ========= ========= =========
Per share amount.................................... $ (0.48) $ (1.07) $ (0.38) $ (0.74)
======== ========= ========= =========
</TABLE>
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