EXHIBIT NUMBER 11.1 INFORMATION MANAGEMENT RESOURCES, INC. AND SUBSIDIARIES COMPUTATION OF NET INCOME PER SHARE (IN THOUSANDS, EXCEPT PER SHARE DATA) Year ended December 31, 1997 1996 ----------- ------------ Net income $ 11,895 ========== Pro Forma Net Income $ 2,545 ========== BASIC: Weighted average common shares outstanding 24,129 15,458 ========== ========== Basic earnings per share $ 0.49 ========== Pro forma basic earnings per share $ 0.16 ========== DILUTED: Common Shares 24,129 15,458 Stock Option Plans Shares under option at year-end 10,756 11,438 Treasury Shares which could be purchased (418) (525) ---------- ---------- Weighted average common and common equivalent shares outstanding 34,467 26,371 ========== ========== Diluted earnings per share $ 0.35 ========== Pro forma diluted earnings per share $ 0.10 ==========