Attached files

file filename
10-K - FORM 10-K - NOVELION THERAPEUTICS INC.d293106d10k.htm
EX-21 - EXHIBIT 21 - NOVELION THERAPEUTICS INC.d293106dex21.htm
EX-23 - EXHIBIT 23 - NOVELION THERAPEUTICS INC.d293106dex23.htm
EX-31.2 - EXHIBIT 31.2 - NOVELION THERAPEUTICS INC.d293106dex312.htm
EX-32.1 - EXHIBIT 32.1 - NOVELION THERAPEUTICS INC.d293106dex321.htm
EX-31.1 - EXHIBIT 31.1 - NOVELION THERAPEUTICS INC.d293106dex311.htm
EXCEL - IDEA: XBRL DOCUMENT - NOVELION THERAPEUTICS INC.Financial_Report.xls
EX-32.2 - EXHIBIT 32.2 - NOVELION THERAPEUTICS INC.d293106dex322.htm

EXHIBIT 11

COMPUTATION OF PER SHARE EARNINGS

Basic net income per common share is computed using the weighted average number of common shares outstanding during the period. Diluted net income per common share is computed in accordance with the treasury stock method and the “if converted” method, which uses the weighted average number of common shares outstanding during the period and also includes the dilutive effect of potentially issuable common stock from outstanding stock options, warrants, and convertible debt. Common shares issuable upon exercise of certain options and warrants are not used in the calculation for the years ended December 31, 2007 to 2011, as the effect would be anti-dilutive.

 

September 30, September 30, September 30, September 30, September 30,
       Year ended December 31,  
       2011      2010      2009      2008      2007  
       (In thousands of U.S. dollars except per share information)  

Net loss from continuing operations

     $ (30,416    $ (17,539    $ (36,220    $ (9,247    $ (125,537

Income from discontinued operations, net of income tax

       —           —           135,654         144,138         15,540   

Net (loss) income available to common shareholders

     $ (30,416    $ (17,539    $ 99,434       $ 134,891       $ (109,997

Basic and diluted net (loss) income per common share

                

Continuing operations

     $ (0.61    $ (0.33    $ (0.64    $ (0.12    $ (1.68

Discontinued operations

       —           —           2.41         1.93         0.21   

Net (loss) income

     $ (0.61    $ (0.33    $ 1.77       $ 1.81       $ (1.47

Weighted average number of common shares outstanding (in thousands)

       50,105         52,382         56,194         74,620         74,907   

Diluted weighted average number of common shares outstanding (in thousands)

       50,105         52,382         56,194         74,620         74,907