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Previous: AKORN INC, 10-Q, 2000-11-14 |
Next: AKORN INC, 10-Q, EX-27, 2000-11-14 |
<PAGE> 1
AKORN, INC.
EXHIBIT 11.1
COMPUTATION OF NET INCOME PER SHARE
(IN THOUSANDS, EXCEPT PER SHARE DATA)
<TABLE>
<CAPTION>
Three Months Ended Nine Months Ended
September 30, September 30,
-------------------------- ---------------------------
2000 1999 2000 1999
---------- --------- ---------- -----------
<S> <C> <C> <C> <C>
Earnings:
Income applicable to common stock $ 415 $ 1,702 $ 4,393 $ 4,835
======== ======== ======= ========
Weighted average number of shares
outstanding 19,081 18,477 18,961 18,273
Net income per share - basic $ 0.02 $ 0.09 $ 0.23 $ 0.26
Additional shares assuming conversion
of options and warrants 932 404 843 429
-------- -------- ------- --------
Pro forma shares 20,013 18,881 19,804 18,702
======== ======== ======= ========
Net income per share - diluted $ 0.02 $ 0.09 $ 0.22 $ 0.26
======== ======== ======= ========
</TABLE>
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