Exhibit 11
CLEAN HARBORS, INC. AND SUBSIDIARIES
COMPUTATION OF NET INCOME PER SHARE
FOR THE THIRD QUARTER ENDED SEPTEMBER 30, 1995
(in thousands)
Three Months Ended Nine Months Ended
September 30, September 30,
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1995 1994 1995 1994
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Net income (loss) $(1,200) $ (138) $(1,587) $1,710
Less preferred dividends accrued 112 117 335 329
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Adjusted net income (loss) $(1,312) $ (255) $(1,922) $1,381
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Earnings per common and common
equivalent share:
Weighted average number of
shares outstanding 9,435 9,431 9,433 9,429
Incremental shares for stock options
under treasury stock method -- -- -- 220
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Weighted average number of
common and common equivalent
shares outstanding 9,435 9,431 9,433 9,649
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Net earnings (loss) per common and common
equivalent share $(.14) $(.03) $(.20) $ .14
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Earnings per common and common
equivalent share - assuming full
dilution:
Weighted average number of
shares outstanding 9,435 9,431 9,433 9,429
Incremental shares for stock options
under treasury stock method -- -- -- 220
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Weighted average number of common
and common equivalent shares outstanding -
assuming full dilution 9,435 9,431 9,433 9,649
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Net earnings (loss) per common and common
equivalent share - assuming full
dilution $(.14) $(.03) $(.20) $ .14
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