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EXHIBIT 11
RAMSAY YOUTH SERVICES, INC. AND SUBSIDIARIES
QUARTER ENDED JUNE 30, SIX MONTHS ENDED JUNE 30,
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2001 2000 2001 2000
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(unaudited) (unaudited)
Numerator:
Numerator for basic earnings per share -
income attributable to common stockholders $796,000 $107,000 $1,180,000 $267,000
Effect of dilutive securities................. -- -- -- --
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-- -- -- --
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Numerator for diluted earnings per share -
income attributable to common stockholders
after assumed conversions................. $796,000 $107,000 $1,180,000 $267,000
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Denominator:
Denominator for basic earnings per share -
weighted-average shares..................... 8,944,000 8,912,000 8,936,000 8,904,000
Effect of dilutive securities:
Employee stock options and warrants......... 1,093,000 100,000 443,000 178,000
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Dilutive potential common shares.............. 1,093,000 100,000 443,000 178,000
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Denominator for diluted earnings per share -
adjusted weighted-average shares and
assumed conversions....................... 10,037,000 9,012,000 9,379,000 9,082,000
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Basic earnings per share......................... $.09 $.01 $.13 $.03
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Diluted earnings per share....................... $.08 $.01 $.13 $.03
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