EXHIBIT 11 ROBERTSON-CECO CORPORATION COMPUTATION OF EARNINGS (LOSS) PER COMMON SHARE (CONTINUED) ----------------------------------------------------------- (Thousands, except per share amounts) (Unaudited) Three Months Ended Six Months Ended June 30 June 30 ------------------ ------------------ 1995 1994 1995 1994 -------- -------- -------- -------- FULLY DILUTED: Fully diluted earnings (loss) from continuing operations. . $ 1,419 $ (308) $ 1,991 $(6,870) Income from discontinued operations . . . . . . . . . - 1,226 3,955 2,277 ------- ------- ------- ------- Total fully diluted earnings (loss) . . . . . . . . . . $ 1,419 $ 918 $ 5,946 $(4,593) ======= ======= ======= ======= Average number of shares of common stock outstanding. . . 15,914 15,773 15,914 15,773 Incremental shares to reflect dilutive effect of deferred compensation plan . . . . . . 183 456 196 - ------- ------- ------- ------- Total shares. . . . . . . . . 16,097 16,229 16,110 15,773 ======= ======= ======= ======= Fully diluted earnings (loss) from continuing operations per common share. . . . . . . $ .09 $ (.02) $ .12 $ (.44) Fully diluted income from discontinued operations . . . - .08 .25 .15 ------- ------- ------- ------- Fully diluted earnings (loss) per share. . . . . . $ .09 $ .06 $ .37 $ (.29) ======= ======= ======= =======