EXHIBIT 11 BOISE CASCADE OFFICE PRODUCTS CORPORATION COMPUTATION OF PER SHARE EARNINGS (in thousands, except share information) For the Three Months For the Six Months Ended June 30 Ended June 30 1997 1996 1997 1996 EARNINGS PER SHARE Shares of Common Stock: Weighted average shares outstanding 62,922,046 62,359,936 62,883,222 62,332,841 Net income $ 11,712 $ 13,594 $ 26,621 $ 29,157 Earnings per share $ .19 $ .22 $ .42 $ .47 FULLY DILUTED EARNINGS PER SHARE Shares of Common Stock: Weighted average shares outstanding 62,922,046 62,359,936 62,883,222 62,332,841 Dilutive effect of options 110,268 362,128 134,725 315,575 Dilutive effect of contingent shares 453,688 493,498 455,891 493,498 __________ __________ __________ __________ Fully Diluted Weighted Average Shares Outstanding 63,486,002 63,215,562 63,473,838 63,141,914 Net income $ 11,712 $ 13,594 $ 26,621 $ 29,157 Fully diluted earnings per share (1) $ .18 $ .22 $ .42 $ .46 (1) Fully diluted earnings per share for the periods presented are not disclosed in the financial statements because the amounts are not considered dilutive under the provisions of Accounting Principles Board Opinion No. 15, "Earnings Per Share."