EXHIBIT 11 RCM TECHNOLOGIES, INC. COMPUTATION OF EARNINGS PER COMMON SHARE Years Ended October 31, 1996, 1995 and 1994 1996 1995 1994 Income Income applicable to common stock $2,367,939 $ 849,105 $1,426,005 Shares Weighted average number of common shares outstanding 4,247,907 14,669,093 14,375,386 Common stock equivalents 72,664 370,754 275,995 Total 4,320,571 15,039,847 14,651,381 Primary income per share $.55 $.06 $.10 Fully diluted earnings per share $.55 $.06 $.10