EXHIBIT 11 DynCorp and Subsidiaries Computations of Earnings Per Common Share (Dollars in thousands except per share data) Primary and Fully Diluted 1995 1994(a) 1993(a) Earnings: Earnings (loss) from continuing operations before extraordinary item $ 5,274 $ (352) $ (4,485) Loss from discontinued operations (20) (12,479) (8,929) Extraordinary loss (2,886) - - Net earnings (loss) $ 2,368 $ (12,831) $(13,414) Preferred stock Class C dividends not accrued or paid (1,915) (1,606) (1,347) Common stockholders' share of earnings (loss) $ 453 $ (14,437) $(14,761) Shares: Weighted average common shares outstanding 7,884,542 6,230,027 4,625,336 Weighted average common shares issuable upon exercise of warrants 4,121,632 - - Weighted average common shares deferred under Restricted Stock Plan 550,173 571,985 515,983 12,556,347 6,802,012 5,141,319 Net earnings (loss) per common share: Earnings (loss) from continuing operations before extraordinary item $ 0.27 $ (0.29) $ (1.13) Earnings (loss) from discontinued operations - (1.83) (1.74) Extraordinary loss (0.23) - - Common stockholders' share of earnings (loss) $ 0.04 $ (2.12) $ (2.87) (a) Restated for the discontinuance of the Commercial Aviation business.