EXHIBIT 11.1 GOVERNMENT TECHNOLOGY SERVICES, INC. COMPUTATION OF EARNINGS PER SHARE (IN THOUSANDS, EXCEPT PER SHARE AMOUNTS) THREE NINE MONTHS ENDED MONTHS ENDED SEPTEMBER 30, SEPTEMBER 30, ------------------ ------------------ 1996 1995 1996 1995 -------- -------- -------- -------- Net income (loss) . . . . . . . . . . . . . . . . . . . . . $ 703 $ 1,726 $ (2,525) $(2,971) -------- -------- -------- -------- Weighted average shares of common stock outstanding . . . . 6,701 6,609 6,685 6,594 Weighted average effect of common share equivalents . . . . 359 17 - - -------- -------- -------- -------- Weighted average shares outstanding . . . . . . . . . . . . 7,060 6,626 6,685 6,599 -------- -------- -------- -------- Net income (loss) per common share and common share equivalent. . . . . . . . . . . . . . . . . . . . . . . . $ 0.10 $ 0.26 $ (0.38) $ (0.45) ======== ======== ======== ======== - 19 -