RCM TECHNOLOGIES, INC.
COMPUTATION OF EARNINGS PER COMMON SHARE
Years Ended October 31, 1997, 1996 and 1995
1997 1996 1995
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Fully diluted earnings
Net income applicable to common stock $ 4,477,433 $ 2,367,939 $ 849,105
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Shares
Weighted average number of common
shares outstanding 6,068,713 4,247,907 29,338,818
Common stock equivalents 495,192 72,664 74,151
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Total 6,563,905 4,320,571 3,007,969
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Fully diluted earnings per common share $.68 $.55 $.28
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Primary earnings
Net income applicable to common stock $ 4,477,433 $ 2,367,939 $.849,105
= ========= = ========= =========
Shares
Weighted average number of common
shares outstanding 6,068,713 4,247,907 2,933,818
Common stock equivalents 292,468 72,664 74,151
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Total 6,361,181 4,320,571 3,007,969
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Primary earnings per common share $.70 $.55 $.28
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