Exhibit 11
Harte-Hanks Communications, Inc. and Subsidiaries
Earnings Per Share Computations
(in thousands, except per share data)
PRIMARY
Three Months Ended September 30,
1994 1993
Income before extraordinary item.......... $ 6,249 $ 2,167
Extraordinary item........................ -- (3,850)
Net income (loss)......................... $ 6,249 $ (1,683)
Shares used in net earnings per
share computations...................... 19,046 12,312
Per share:
Income before extraordinary item.......... $ .33 $ .17
Extraordinary item........................ -- (.31)
Net income (loss)......................... $ .33 $ (.14)
Computation of Shares Used In Net Earnings Per Share Computations
Three Months Ended September 30,
1994 1993
Average outstanding common shares......... 18,245 11,879
Average common equivalent shares --
dilutive effect of option shares........ 801 --
Dilutive effect of options issued in
the preceding twelve months prior
to the initial public offering.......... -- 433
Shares used in net earnings
per share computations.................. 19,046 12,312
FULLY DILUTED
Three Months Ended September 30,
1994 1993
Income before extraordinary item.......... $ 6,249 $ 2,167
Extraordinary item........................ -- (3,850)
Net income (loss)......................... $ 6,249 $ (1,683)
Adjusted net income (loss)
for interest on convertible note........ $ 6,437 $ (1,683)
Shares used in net earnings
per share computations.................. 20,482 12,312
Per share:
Income before extraordinary item.......... $ .31 $ .17
Extraordinary item........................ -- (.31)
Net income (loss)......................... $ .31 $ (.14)
Computation of Shares Used In Net Earnings Per Share Computations
Three Months Ended September 30,
1994 1993
Average outstanding common shares......... 18,245 11,879
Average common equivalent shares --
dilutive effect of option shares........ 808 --
Dilutive effect of convertible note....... 1,429 --
Dilutive effect of options issued
in the preceding twelve months prior
to the initial public offering.......... -- 433
Shares used in net earnings
per share computations.................. 20,482 12,312
Exhibit 11
Harte-Hanks Communications, Inc. and Subsidiaries
Earnings Per Share Computations
(in thousands, except per share data)
PRIMARY
Nine Months Ended September 30,
1994 1993
Income (loss) before extraordinary item... $15,455 $(52,122)
Extraordinary item........................ -- (3,850)
Net income (loss)......................... $15,455 $(55,972)
Shares used in net earnings per
share computations...................... 19,043 12,009
Per share:
Income (loss) before extraordinary item... $ .81 $ (4.34)
Extraordinary item........................ -- (.32)
Net income (loss)......................... $ .81 $ (4.66)
Computation of Shares Used In Net Earnings Per Share Computations
Nine Months Ended September 30,
1994 1993
Average outstanding common shares......... 18,190 11,879
Average common equivalent shares --
dilutive effect of option shares........ 853 --
Dilutive effect of options issued in
the preceding twelve months prior
to the initial public offering.......... -- 130
Shares used in net earnings
per share computations.................. 19,043 12,009
FULLY DILUTED
Nine Months Ended September 30,
1994 1993
Income (loss) before extraordinary item... $15,455 $(52,122)
Extraordinary item........................ -- (3,850)
Net income (loss)......................... $15,455 $(55,972)
Adjusted net income (loss)
for interest on convertible note........ $16,019 $(55,972)
Shares used in net earnings
per share computations.................. 20,483 12,009
Per share:
Income (loss) before extraordinary item... $ .78 $ (4.34)
Extraordinary item........................ -- (.32)
Net income (loss)......................... $ .78 $ (4.66)
Computation of Shares Used In Net Earnings Per Share Computations
Nine Months Ended September 30,
1994 1993
Average outstanding common shares......... 18,190 11,879
Average common equivalent shares --
dilutive effect of option shares........ 864 --
Dilutive effect of convertible note....... 1,429 --
Dilutive effect of options issued
in the preceding twelve months prior
to the initial public offering.......... -- 130
Shares used in net earnings
per share computations.................. 20,483 12,009