EXHIBIT 11 KSW, INC. STATEMENT REGARDING COMPUTATION OF INCOME (LOSS) PER SHARE THREE MONTHS THREE MONTHS ENDED ENDED MARCH 31, 2004 MARCH 31, 2005 -------------- -------------- Net income (loss) $ 155,000 $ (644,000) ============ ============ Income (Loss) Per Share - Basic - ------------------------------- Weighted average shares outstanding during the period 5,470,311 5,470,311 ============ ============ Income (loss) per common share - Basic $ .03 $ (.12) ============ ============ Income (Loss) Per Share - Diluted - --------------------------------- Weighted average shares outstanding during the period 5,470,311 5,470,311 Effect of stock options dilution 0 0 ------------ -------------- Total shares outstanding for purposes of calculating diluted earnings 5,470,311 5,470,311 ------------ ------------- Income (loss) per common and common equivalent share - Diluted $ .03 $ (.12) ============ ============