Exhibit 11
CLEAN HARBORS, INC. AND SUBSIDIARIES
COMPUTATION OF NET INCOME PER SHARE
FOR THE SECOND QUARTER ENDED JUNE 30, 1995
(in thousands)
Three Months Ended Six Months Ended
June 30, June 30,
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1995 1994 1995 1994
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Net income (loss) $203 $1,251 $(387) $1,848
Less preferred dividends accrued 112 112 223 212
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Adjusted net income (loss) $ 91 $1,139 $(610) $1,636
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Earnings per common and common
equivalent share:
Weighted average number of
shares outstanding 9,431 9,429 9,431 9,428
Incremental shares for stock options
under treasury stock method 17 225 16 252
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Weighted average number of
common and common equivalent
shares outstanding 9,448 9,654 9,447 9,680
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Net earnings (loss) per common and common
equivalent share $.01 $.12 $(.06) $.17
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Earnings per common and common
equivalent share - assuming full
dilution:
Weighted average number of
shares outstanding 9,431 9,429 9,431 9,428
Incremental shares for stock options
under treasury stock method 18 256 16 255
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Weighted average number of common
and common equivalent shares outstanding -
assuming full dilution 9,449 9,685 9,447 9,683
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Net earnings (loss) per common and common
equivalent share - assuming full
dilution $.01 $.12 $(.06) $.17
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