EXHIBIT 11.1
QUICKRESPONSE SERVICES, INC.
COMPUTATION OF EARNINGS PER SHARE
(DOLLARS IN THOUSANDS, EXCEPT PER SHARE DATA)
(UNAUDITED)
Three Months Ended Nine Months Ended
September 30, September 30,
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1996 1995 1996 1995
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PRIMARY SHARES
Weighted average common
shares outstanding 8,365,393 8,252,035 8,335,330 8,210,907
Common equivalent shares
outstanding 253,510 285,934 251,515 279,070
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8,618,903 8,537,469 8,586,845 8,489,977
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Net earnings $1,713 $1,294 $4,595 $3,424
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Earnings per common and
common equivalent share $0.20 $0.15 $0.54 $0.40
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