EXHIBIT 11.1
QUICKRESPONSE SERVICES, INC.
COMPUTATION OF EARNINGS PER SHARE
(DOLLARS IN THOUSANDS EXCEPT PER SHARE AMOUNTS)
1996 1995 1994
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Primary shares:
Average common shares outstanding 8,345,679 8,228,882 8,034,124
Common share equivalents 267,095 270,154 344,764
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8,612,774 8,499,036 8,378,887
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Net earnings applicable to common stock $6,611 $2,387 $13,965
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Earnings per common and common share equivalents,
primary $0.77 $0.28 $1.67
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Fully-diluted shares:
Average common shares outstanding 8,345,679 8,228,882 8,034,124
Common share equivalents 267,254 297,584 344,231
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8,612,933 8,526,465 8,378,355
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Net earnings applicable to common stock $6,611 $2,387 $13,965
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Earnings per common and common equivalent share,
fully - diluted $0.77 $0.28 $1.67
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