Page 99 Exhibit 11 NATIONAL SERVICE INDUSTRIES, INC. 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 1998 1997 1998 1997 Basic: Net Income ............................................... $28,139 $29,434 $78,295 $74,613 Basic Weighted Average Number of Shares Outstanding (determined on a monthly basis), including Shares Contingently Issuable .................................... 42,001 44,996 42,763 45,371 Basic Earnings per Share ................................. .67 $ .65 $ 1.83 $ 1.64 Diluted: Basic Weighted Average Number of Shares Outstanding ...... 42,001 44,996 42,763 45,371 Add: Shares of common stock assumed issued upon exercise of stock options using the "Treasury Stock" method as it applies to the computation of diluted earnings per share ....................................... 658 352 537 292 Average Common Shares Outstanding (as adjusted) .......... 42,659 45,348 43,300 45,663 Diluted Earnings per Share ............................... $ .66 $ .65 $ 1.81 $ 1.63