MICRO BIO-MEDICS, INC. AND SUBSIDIARIES
FORM 10-Q
MAY 31, 1997
(UNAUDITED)
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Exhibit 11
Computation of Earnings per Common and Common Equivalent Share
Six Months Ended Three Months Ended
May 31, May 31,
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1997 1996 1997 1996
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Earnings
Net income $ 678,287 $ 454,191 $ 459,750 $ 366,275
Modified treasury stock method
Incremental income 59,709 14,779
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Adjusted net income $ 678,287 $ 513,900 $ 459,750 $ 380,054
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Shares
Weighted average number of
common shares outstanding 5,084,296 4,116,592 5,103,526 4,213,002
Additional shares assuming
conversion of stock options
and warrants utilizing the
modified treasury stock
method 1,074,977 1,449,200 1,065,676 1,419,538
_________ _________ _________ _________
Number of common and common
equivalent shares 6,159,273 5,565,792 6,169,202 5,632,540
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Earnings per common
and common equivalent share $.11 $.09 $.07 $.07
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