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Previous: AKORN INC, 10-Q, 2000-08-14 |
Next: AKORN INC, 10-Q, EX-27, 2000-08-14 |
<PAGE> 1
AKORN, INC.
EXHIBIT 11.1
COMPUTATION OF NET INCOME PER SHARE
(IN THOUSANDS, EXCEPT PER SHARE DATA)
<TABLE>
<CAPTION>
Three Months Ended Six Months Ended
June 30, June 30,
----------------- -----------------
2000 1999 2000 1999
------- ------- ------- -------
<S> <C> <C> <C> <C>
Earnings:
Income applicable to common stock $ 2,184 $ 1,675 $ 3,978 $ 3,133
======= ======= ======= =======
Weighted average number of shares
outstanding 19,000 18,196 18,901 18,170
Net income per share - basic $ 0.11 $ 0.09 $ 0.21 $ 0.17
Additional shares assuming conversion
of options and warrants 936 450 907 505
------- ------- ------- -------
Pro forma shares 19,936 18,646 19,808 18,675
======= ======= ======= =======
Net income per share - diluted $ 0.11 $ 0.09 $ 0.20 $ 0.17
======= ======= ======= =======
</TABLE>
11
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