Exhibit 11
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BOSTON COMMUNICATIONS GROUP, INC. AND SUBSIDIARIES
STATEMENT RE: COMPUTATION OF PER SHARE EARNINGS
(In thousands, except for per share data)
(Unaudited)
Three months Six months
ended June 30, ended June 30,
1996 1997 1996 1997
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NET INCOME(LOSS) PER COMMON SHARE - PRIMARY
Net income(loss) $ (70) $ 43 $ 122 $ 136
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Primary income(loss) per share:
Average common shares outstanding 4,230 12,755 3,783 12,740
Dilutive options and warrants - 517 - 338
Other (1) 5,259 - 5,551 -
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Average common shares outstanding 9,489 13,272 9,334 13,078
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Net income(loss) per common share $(0.01) $ 0.00 $ 0.01 $ 0.01
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NET INCOME(LOSS) PER COMMON SHARE - FULL DILUTION
Net income(loss) $ (70) $ 43 $ 122 $ 136
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Fully diluted income(loss) per share:
Average common shares outstanding 4,230 12,755 3,783 12,740
Dilutive options and warrants - 894 - 526
Other (1) 5,259 - 5,551 -
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Average common shares outstanding 9,489 13,649 9,334 13,266
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Net income(loss) per common share $(0.01) $ 0.00 $ 0.01 $ 0.01
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(1)Pursuant to Securities and Exchange Commission Staff Accounting Bulletin No.
83, Common Stock and stock options issued during the twelve-month period
preceding the date of the initial filing of the registration statement with an
exercise price below the initial public offering price of $14.00 per share have
been included in the calculation of common equivalent shares, using the Treasury
stock method, as if they were outstanding for all periods presented.