Exhibit 11
COMPUTATION OF PER SHARE EARNINGS
COMPLETE BUSINESS SOLUTIONS, INC. AND SUBSIDIARIES
PRO FORMA OR ACTUAL NET INCOME PER COMMON SHARE(IN THOUSANDS, EXCEPT PER SHARE DATA)(Unaudited)
Three Months Ended September 30, 1999 1998 Weighted average number of shares of Common Stock outstanding 37,593 34,539 Common Stock equivalents calculated using the weighted average stock price per share for the periods presented 576 1,758 Weighted average shares outstanding 38,169 36,297 Pro forma net income $ 8,244 $ 1,270 Pro forma net income per common share $ 0.22 $ 0.03
Nine Months Ended September 30, 1999 1998 Weighted average number of shares of Common Stock outstanding 37,157 34,172 Common Stock equivalents calculated using the weighted average stock price per share for the periods presented 994 — Weighted average shares outstanding 38,151 34,172 Pro forma net income (loss) $ 25,740 $ (1,087 ) Pro forma net income (loss) per common share $ 0.67 $ (0.03 )
Covansys (CVNS) Inactive
Filed: 15 Nov 99, 12:00am