EX-1
from 10QSB
1 page
U.S.DIAGNOSTIC Labs Inc. and Subsidiaries - - Exhibit 11 - - Three Months Ended March 31, 1996 1995 Average Shares Outstanding Disregarding Dilutive Outstanding Stock Options and Warrants and After Adjustments for Shares Held in Escrow 6,218,847 4,031,961 Assumed Exercise of All Dilutive and Anti-Dilutive Warrants Based on the Modified Teasury Stock Method Using the Quarter End Price 11,272,514 4,971,825 Fully Diluted Shares Outstanding 17,491,361 9,003,786 =========== ========== Net Income Adjusted for Fully Diluted Calculations $ 2,736,000 $ 1,369,000 =========== =========== Fully Diluted Earnings Per Share $ .16 $ .15 =========== =========== This Calculation Is Submitted in Accordance With the Securities Exchange Act of 1934 Release No.9083 Although It Is Contrary to Para 40 of Apb No.15 Because It May Produce an Anti-Dilutive Result
12/34/56
