EXHIBIT 11
ROTO-ROOTER, INC. AND SUBSIDIARY COMPANIES
COMPUTATION OF PER SHARE EARNINGS (a)
(in thousands except per share amount)
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unaudited
Three Months Ended Six Months Ended
June 30, June 30,
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1995 1994 1995 1994
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Computation of Earnings Per
Common Share and Common
Equivalent Share:
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Net Income $ 2,225 $ 1,906 $ 4,476 $ 3,755
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Average Number of Shares Used
to Compute Earnings
per Common Share 5,088 5,068 5,085 5,061
Effect of Unexercised
Stock Options 43 57 38 66
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Average Number of Shares Used
to Compute Earnings per
Common and Common
Equivalent Share 5,131 5,125 5,123 5,127
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Earnings per Common and
Common Equivalent Share $ .43 $ .37 $ .87 $ .73
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Computation of Earnings
Per Common Share Assuming
Full Dilution:
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Net Income $ 2,225 $ 1,906 $ 4,476 $ 3,755
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Average Number of Shares
Used to Compute Earnings
per Common Share 5,088 5,068 5,085 5,061
Effect of Unexercised
Stock Options 51 68 51 81
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Average Number of Shares
Used to Compute Earnings
per Common Share Assuming
Full Dilution 5,139 5,136 5,136 5,142
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Earnings per Common Share
Assuming Full Dilution $ .43 $ .37 $ .87 $ .73
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(a) This calculation is submitted in accordance with Regulation S-K, Item
601(b)(11), although not required by footnote 2 to paragraph 14 of
APB Opinion No. 15 because it results in dilution of less than 3%,
including fractional cents per share.
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