EXHIBIT 11
EXHIBIT 11 TO FORM 10-K
ROBERT HALF INTERNATIONAL INC. AND SUBSIDIARIES
COMPUTATION OF PER SHARE EARNINGS
(IN THOUSANDS, EXCEPT PER SHARE AMOUNTS)
YEARS ENDED DECEMBER 31,
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1995 1994 1993
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Net income..................................................................... $40,298 $26,117 $11,723
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Weighted average number of shares outstanding
Primary:
Common stock............................................................... 28,495 27,365 24,309
Common stock equivalents -- stock options (A).............................. 1,040 971 783
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Primary shares outstanding................................................. 29,535 28,336 25,092
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Fully Diluted:
Common stock............................................................... 28,495 27,365 24,309
Common stock equivalents -- stock options (A).............................. 1,213 1,119 951
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Fully diluted shares outstanding........................................... 29,708 28,484 25,260
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Net income per share:
Primary...................................................................... $ 1.36 $ .92 $ .47
Fully diluted................................................................ $ 1.36 $ .92 $ .46
(A) The treasury stock method was used to determine the weighted average number
of shares of common stock equivalents outstanding during the periods.