Page 13 Exhibit 11 NATIONAL SERVICE INDUSTRIES, INC. AND SUBSIDIARIES COMPUTATIONS OF NET INCOME PER SHARE OF COMMON STOCK (In thousands, except per-share data) THREE MONTHS ENDED NINE MONTHS ENDED MAY 31 MAY 31 1995 1994 1995 1994 Primary: Weighted Average Number of Shares (determined on a monthly basis) 48,382 49,578 48,813 49,571 Net Income $ 25,627 $ 22,928 $ 64,319 $ 58,373 Primary Earnings per Share $.53 $.46 $1.32 $1.18 Fully Diluted: Weighted Average Number of Shares Outstanding 48,382 49,578 48,813 49,571 Additional Shares Assuming Exercise of Options: Options exercised 1,031 717 1,037 716 Treasury stock purchased with proceeds (874) (636) (878) (656) Average Common Shares Outstanding (as adjusted) 48,539 49,659 48,972 49,631 Net Income $ 25,627 $ 22,928 $ 64,319 $ 58,373 Fully Diluted Earnings per Sha $.53 $.46 $1.31 $1.18