Page 19 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 1997 1996 1997 1996 Primary: Weighted Average Number of Shares (determined on a monthly basis) . 44,996 48,059 45,371 48,240 Net Income ........................ $ 29,434 27,677 $ 74,613 $ 70,196 Primary Earnings per Share ........ $ .65 $ .58 $ 1.64 $ 1.46 Fully Diluted: Weighted Average Number of Shares Outstanding ..................... 44,996 48,059 45,371 48,240 Additional Shares Assuming Exercise of Options: Options exercised ............. 1,425 1,293 1,425 1,293 Treasury stock purchased with proceeds ............... (981) (919) (981) (919) Average Common Shares Outstanding (as adjusted) .................. 45,440 48,433 45,815 48,614 Net Income ........................ $ 29,434 27,677 $ 74,613 $ 70,196 Fully Diluted Earnings per Share .. $ .65 $ .57 $ 1.63 $ 1.44