EXHIBIT 11 EXHIBIT 11 McGrath RentCorp Weighted Average Shares Composition Year Ended December 31, ------------------------ 1995 1994 1993 ---- ---- ---- Primary ------- Weighted common shares issued and outstanding 7,974,362 8,279,350 8,306,641 Common stock equivalents 109,885 135,920 101,349 --------- --------- --------- Shares used for EPS calculation 8,084,247 8,415,270 8,407,990 --------- --------- --------- --------- --------- --------- Fully Diluted ------------- Weighted common shares issued and outstanding 7,974,362 8,279,350 8,306,641 Common stock equivalents 125,017 147,409 119,579 --------- --------- --------- Computed fully diluted shares 8,099,379 8,426,759 8,426,220 --------- --------- --------- --------- --------- --------- -10-