EXHIBIT 11 SCANFORMS, INC. AND SUBSIDIARY COMPUTATION OF EARNINGS PER COMMON SHARE Fiscal Year Ended October 1, October 2, October 3, 1995 1994 1993 ---------- ---------- ---------- Primary Earnings Per Share Net Earnings $1,570,540 $1,163,521 $ 774,932 ========== ========== ========== Weighted average number of common shares outstanding during year 3,546,648 3,526,648 3,026,648 Add common equivalent shares (as determined by the application of the treasury stock method) representing shares issuable upon assumed exercise of stock options 97,539 87,001 275,704 ---------- ---------- ---------- Weighted average number of common shares used in calculation of primary earnings per share 3,644,187 3,613,649 3,302,352 ========== ========== ========== Earnings per common share assuming no dilution $ .43 $ .32 $ .23 ========== ========== ========== Fully Diluted Earnings Per Share Net Earnings $1,570,540 $1,163,521 $ 774,932 ========== ========== ========== Weighted average number of common shares outstanding during year 3,546,648 3,526,648 3,026,648 Add common equivalent shares (as determined by the application of the treasury stock method) representing shares issuable upon assumed exercise of stock options 105,421 87,598 452,399 ---------- ---------- ---------- Weighted average number of common shares used in calculation of primary earnings per share 3,652,069 3,614,246 3,479,047 ========== ========== ========== Earnings per common share assuming dilution $ .43 $ .32 $ .22 ========== ========== ==========