Exhibit 11
THERMO REMEDIATION INC.
Computation of Earnings per Share
Year Ended
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March 30, 1996 April 1, 1995
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Computation of Primary Earnings per Share:
Net Income (a) $ 5,444,000 $ 3,643,000
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Shares:
Weighted average shares outstanding 12,393,712 10,007,294
Add: Shares issuable in connection
with acquisition of Thermo Fluids - 107,774
Shares issuable from assumed
exercise of options (as determined
by the application of the treasury
stock method) - 118,719
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Weighted average shares outstanding,
as adjusted (b) 12,393,712 10,233,787
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Primary Earnings per Share (a) / (b) $ .44 $ .36
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Exhibit 11
THERMO REMEDIATION INC.
Computation of Earnings per Share (continued)
Year Ended
-----------------------------
March 30, 1996 April 1, 1995
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Computation of Fully Diluted Earnings
per Share:
Income:
Net income $ 5,444,000 $ 3,643,000
Add: Convertible debt interest, net of tax 62,000 -
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Income applicable to common stock
assuming full dilution (c) $ 5,506,000 $ 3,643,000
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Shares:
Weighted average shares outstanding 12,393,712 10,007,294
Add: Shares issuable from assumed
conversion of subordinated
convertible obligations 269,583 -
Shares issuable in connection
with acquisition of Thermo Fluids - 107,774
Shares issuable from assumed
exercise of options (as determined
by the application of the treasury
stock method) 492,437 118,719
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Weighted average shares outstanding,
as adjusted (d) 13,155,732 10,233,787
----------- -----------
Fully Diluted Earnings per Share (c) / (d) $ .42 $ .36
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