EXHIBIT 11 KSW, INC. STATEMENT REGARDING COMPUTATION OF NET EARNINGS (LOSS) PER SHARE Three Months Three Months Ended 3/31/02 Ended 3/31/01 ------------- ------------- Net loss $ (1,840,000) $ (816,000) ============== ============== Loss Per Share - Primary - ------------------------ Weighted average shares outstanding during the period $ 5,470,311 $ 5,470,311 ============== ============== Loss per common share -Primary $ (.34) $ (.15) ============== ============== Loss Per Share - Diluted - ------------------------ Weighted average shares outstanding during the period $ 5,470,311 $ 5,470,311 Common and Common Stock equivalent shares using the treasury stock method 0 0 -------------- -------------- Total shares outstanding for purposes of calculating diluted earnings $ 5,470,311 $ 5,470,311 ============== ============== Loss per common and common Equivalent share - Diluted $ (.34) $ (.15) ============== ============== 17