EXHIBIT 11 Tetra Tech, Inc. Computation of Net Income Per Common Share (Unaudited) $ in thousands, except share data Three Months Ended -------------------------- December 29, December 31, 1996 1995 ------------ ------------ Primary: Common stock outstanding, beginning of period............................... 14,127,002 13,235,309 Stock options exercised................... 14,881 34,640 Issuance of common stock.................. 102,327 706,117 ---------- ---------- Common stock outstanding, end of period... 14,244,210 13,976,066 ========== ========== Weighted average shares common outstanding during the period........ 14,150,312 13,667,404 Common Stock equivalents under the treasury stock method assuming the exercise of options and warrants..... 538,575 484,273 ---------- ---------- Total............................ 14,688,887 14,151,677 ========== ========== Net Income as reported in consolidated financial statements................. 2,596,000 2,029,000 ========== ========== Primary net income per common share....... $ 0.18 $ 0.14 ========== ========== Fully Diluted: Weighted average shares common outstanding during the period........ 14,150,312 13,667,404 Common Stock equivalents under the treasury stock method assuming the exercise of options and warrants..... 538,575 491,853 Other potentially dilutive securities: Convertible Preferred Stock.......... -- -- ---------- ---------- Total............................ 14,688,887 14,159,257 ========== ========== Net Income as reported in consolidated financial statements................. 2,596,000 2,029,000 ========== ========== Fully diluted net income per common share. $ 0.18 $ 0.14 ========== ==========