EXHIBIT 11 CACI INTERNATIONAL INC AND SUBSIDIARIES COMPUTATION OF EARNINGS PER COMMON AND COMMON EQUIVALENT SHARE Three Months Ended March 31, Nine Months Ended March 31, 1995 1994 1995 1994 ----------------------------------------------------------------- Net Income before extraordinary item $2,114,000 $1,686,000 $6,015,000 $4,500,000 Extraordinary item 0 0 0 (300,000) ---------- ---------- ---------- ---------- Net income $2,114,000 $1,686,000 $6,015,000 $4,200,000 ========== ========== ========== ========== Average shares outstanding during the period 10,034,000 10,121,000 10,013,000 10,055,000 Dilutive effect of stock options after application of treasury stock method 555,000 622,000 581,000 493,000 ---------- ---------- ---------- ---------- Average number of shares outstanding during the period 10,589,000 10,743,000 10,594,000 10,548,000 ========== ========== ========== ========== Earnings per common and common equivalent share: Before extraordinary item $ 0.20 $ 0.16 $ 0.57 $ 0.43 Extraordinary item 0.00 0.00 0.00 (0.03) ---------- ---------- ---------- ---------- Net income $ 0.20 $ 0.16 $ 0.57 $ 0.40 ========== ========== ========== ==========