MICRO BIO-MEDICS, INC. AND SUBSIDIARIES
FORM 10-Q
FEBRUARY 28, 1997
(UNAUDITED)
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Exhibit 11
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Computation of Earnings per Common and Common Equivalent Share
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Three Months Ended
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February 28, February 29,
1997 1996
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Earnings
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Net income $ 218,536 $ 87,916
Modified Treasury Stock Method
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Incremental income 44,930
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Adjusted income $ 218,536 $ 132,846
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Shares
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Weighted average number of
common shares outstanding 5,065,065 4,020,182
Additional shares assuming conversion of:
Stock options and warrants utilizing the
modified treasury stock method 1,084,278 1,478,842
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Number of common and common
equivalent shares 6,149,343 5,499,024
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Earnings per common and common
equivalent share $.04 $.02
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