Page 18 Exhibit 11 NATIONAL SERVICE INDUSTRIES, INC. AND SUBSIDIARIES COMPUTATIONS OF NET INCOME PER SHARE OF COMMON STOCK Years Ended August 31 1995 1994 1993 (In thousands, except per-share data) Primary: Weighted Average Number of Shares (determined on a monthly basis) ........ 48,696 49,547 49,556 Net Income ............................... $ 94,097 $ 82,698 $ 75,116 Primary Earnings per Share ............... $ 1.93 $ 1.67 $ 1.52 Fully Diluted: Weighted Average Number of Shares Outstanding ............................ 48,696 49,547 49,556 Additional Shares Assuming Exercise of Options: Options exercised .................... 989 707 545 Treasury stock purchased with proceeds (835) (619) (478) Average Common Shares Outstanding (as adjusted) ......................... 48,850 49,635 49,623 Net Income ............................... $ 94,097 $ 82,698 $ 75,116 Fully Diluted Earnings per Share ......... $ 1.93 $ 1.67 $ 1.51