Great Southern Bancorp (GSBC) 10-Q 2004 Q2 Quarterly report

Exhibit 11- Statement Re Computation of Earnings Per Share

			Three Months Ended		Six Months Ended
			June 30,		June 30,
			2004	2003	2004	2003
Basic:
	Average shares outstanding		13,700,971	13,715,258	13,703,242	13,705,074
	Net income		$ 6,691,078	$ 5,811,172	$12,882,419	$11,269,559
	Per share amount		$0.49	$0.42	$0.94	$0.82
Diluted:
	Average shares outstanding		13,700,971	13,715,258	13,703,242	13,705,074
	Net effect of dilutive stock options -
		based on the treasury stock method
		using average market price	239,171	161,308	239,171	161,308
	Diluted shares		13,940,142	13,876,566	13,942,413	13,866,382
	Net income		$ 6,691,078	$ 5,811,172	$12,882,419	$11,269,559
	Per share amount		$0.48	$0.42	$0.92	$0.81

Note: Antidilutive stock options totaling 15,000 shares were not included in the calculation of diluted earnings per share for the period ended June 30, 2003. There were no antidilutive stock options at June 30, 2004.