Exhibit 11 THERMO REMEDIATION INC. Computation of Earnings per Share Three Months Ended --------------------------- June 28, June 29, 1997 1996 ----------------------------------------------------------------------- Computation of Primary Earnings per Share: Net Income (a) $ 576,000 $ 1,028,000 =========== =========== Shares: Weighted average shares outstanding 12,491,945 12,832,975 Add: Shares issuable from assumed exercise of options and warrants (as determined by the application of the treasury stock method) - 420,982 ----------- ----------- Weighted average shares outstanding, as adjusted (b) 12,491,945 13,253,957 =========== =========== Primary Earnings per Share (a) / (b) $ .05 $ .08 =========== ===========