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HEALTHAXIS INC EXHIBIT 11
COMPUTATION OF EARNINGS (LOSS) PER SHARE
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(In thousands except per share data) Three Months Ended June 30 Six Months Ended June 30
2000 1999 2000 1999
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<S> <C> <C> <C> <C>
Primary Earnings (Loss) Per Share
NET INCOME (LOSS) APPLICABLE TO COMMON STOCK: ($244,587) ($10,539) ($265,517) ($13,440)
WEIGHTED AVERAGE SHARES:
Common stock 13,098 12,039 13,072 11,797
Common stock equivalents applicable to stock options and
warrants
Total 13,098 12,039 13,072 11,797
PRIMARY EARNINGS (LOSS) PER SHARE: (18.67) $ (0.88) (20.31) $ (1.14)
Fully Diluted Earnings (Loss) Per Share
NET INCOME (LOSS) APPLICABLE TO COMMON STOCK: (244,587) $ (10,539) (265,517) $(13,440)
WEIGHTED AVERAGE SHARES:
Common stock 13,098 12,039 13,072 11,797
Common stock equivalents applicable to stock options and
warrants * *
Total 13,098 12,039 13,072 11,797
FULLY DILUTED EARNINGS (LOSS) PER SHARE: (18.67) $ (0.88) (20.31) $ (1.14)
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* Anti-dilutive; therefore effects have been excluded.