DYNCORP AND SUBSIDIARIES COMPUTATIONS OF EARNINGS PER COMMON SHARE (Dollars in Thousands Except Per Share Amounts) Three Months Ended Nine Months Ended Sept. 26, Sept. 28, Sept. 26, Sept. 28, 1996 1995 1996 1995 PRIMARY AND FULLY DILUTED(1) Earnings: Earnings from continuing operations before extraordinary item $ 3,241 $ 3,631 $ 9,035 $ 3,150 Discontinued operations - 252 865 (15) Extraordinary item - (2,656) - (2,783) Net earnings 3,241 1,227 9,900 352 Preferred stock Class C dividends not declared or recorded (583) (489) (1,675) (1,404) Common stockholders' share of earnings (loss) $ 2,658 $ 738 $ 8,225 $ (1,052) Shares: Weighted average common shares outstanding 8,415,946 8,761,946 8,464,517 8,406,362 Common stock issuable upon exercise of warrants 3,235,658 3,305,357 3,248,117 3,325,944 Common stock issuable upon exercise of stock options 34,486 - 12,291 - 11,686,090 12,067,303 11,724,925 11,732,306 Earnings (loss) from continuing operations before extraordinary item $ 0.23 $ 0.26 $ 0.63 $ 0.15 Discontinued operations - 0.02 0.07 0.00 Extraordinary item - (0.22) - (0.24) Common stockholders' share of earnings (loss) $ 0.23 $ 0.06 $ 0.70 $ (0.09) <FN> (1) The Class C Preferred stock is considered antidilutive and therefore has not been included in the calculation of earnings per share. </FN>