EXHIBIT 11
ROBERTSON-CECO CORPORATION
COMPUTATION OF EARNINGS (LOSS) PER COMMON SHARE
-----------------------------------------------
(Thousands, except per share amounts)
(Unaudited)
Three Months Ended Nine Months Ended
September 30 September 30
------------------ ------------------
1996 1995 1996 1995
-------- -------- -------- --------
PRIMARY:
Primary earnings from
continuing operations . $39,624 $ 4,473 $ 49,431 $ 7,911
Income from discontinued
operations . . . . . . - 281 - 2,789
-------- -------- -------- --------
Total primary earnings $ 39,624 $ 4,754 $ 49,431 $ 10,700
======== ======== ======== ========
Average number of shares
of common stock
outstanding . . . . . . 16,009 15,919 16,009 15,916
Incremental shares to
reflect dilutive effect
of deferred compensation
plan . . . . . . . . . 117 51 114 40
-------- -------- -------- --------
Total shares . . . . . . . 16,126 15,970 16,123 15,956
======== ======== ======== ========
Primary earnings from
continuing operations per
commom share . . . . . . . $ 2.46 $ .28 $ 3.07 $ .49
Primary income (loss)
from discontinued
operations . . . . . . . - .02 - .18
-------- -------- -------- --------
Primary earnings per
share . . . . . . . . $ 2.46 $ .30 $ 3.07 $ .67
======== ======== ======== ========
EXHIBIT 11
ROBERTSON-CECO CORPORATION
COMPUTATION OF EARNINGS (LOSS) PER COMMON SHARE (CONTINUED)
-----------------------------------------------------------
(Thousands, except per share amounts)
(Unaudited)
Three Months Ended Nine Months Ended
September 30 September 30
------------------ ------------------
1996 1995 1996 1995
-------- -------- -------- --------
FULLY DILUTED:
Fully diluted earnings
from continuing
operations . . . . . . . $ 39,624 $ 4,473 $ 49,431 $ 7,911
Income from discontinued
Operations . . . . . . - 281 - 2,789
-------- -------- -------- --------
Total fully diluted
earnings . . . . . . . $ 39,624 $ 4,754 $ 49,431 $ 10,700
======== ======== ======== ========
Average number of shares
of common stock
outstanding . . . . . . 16,009 15,919 16,009 15,916
Incremental shares to
reflect dilutive effect
of deferred compensation
plan . . . . . . . . . 140 51 150 40
-------- -------- -------- --------
Total shares . . . 16,149 15,970 16,159 15,956
======== ======== ======== ========
Fully diluted earnings
from continuing
operations per common
share . . . . . . . . . $ 2.45 $ .28 $ 3.06 $ .49
Fully diluted income
(loss) from discontinued
operations . . . . . . - .02 - .18
-------- -------- -------- --------
Fully diluted earnings
per share . . . . . . . . $ 2.45 $ .30 $ 3.06 $ .67
======== ======== ======== ========