EXHIBIT 11
FLEMINGTON PHARMACEUTICAL CORPORATION
EARNINGS PER SHARE COMPUTATION
(DOLLARS IN THOUSANDS, EXCEPT PER SHARE AMOUNTS)
(UNAUDITED)
THREE MONTHS ENDED
OCTOBER 31, 2000
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BASIC
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WEIGHTED AVERAGE SHARES OUTSTANDING 5,879,000
DILUTIVE EFFECT OF STOCK PERFORMANCE PLANS (1) --
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TOTAL 5,879,000
NET INCOME (LOSS) (352)
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EARNINGS PER SHARE (.06)
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THREE MONTHS ENDED
OCTOBER 31, 1999
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BASIC
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WEIGHTED AVERAGE SHARES OUTSTANDING 3,877,000
DILUTIVE EFFECT OF STOCK PERFORMANCE PLANS (1) --
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TOTAL 3,877,000
NET INCOME (LOSS) (217)
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EARNINGS PER SHARE (.06)
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(1) NO POTENTIAL SHARES FROM STOCK PERFORMANCE PLANS HAVE BEEN PRESENTED, AS
THEIR EFFECT WOULD BE ANTI-DILUTIVE
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