EXHIBIT 11 RCM TECHNOLOGIES, INC. AND SUBSIDIARIES COMPUTATION OF EARNINGS PER SHARE Six Months Ended April 30, 1996 and 1995 Six Months Ended April 30, -------------------------- 1996 1995 ---- ---- Income Net income applicable to common stock $ 888,599 $ 506,739 ======= ======= Shares Weighted average number of shares outstanding 3,708,221 2,879,913 Common stock equivalents 67,814 34,159 ------ ------ Total 3,776,035 2,914,072 ========== ========= Primary earnings per share $ .24 $ .17 === === Fully diluted earnings per share $ .24 $ .17 === === 19