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Exhibit 11
HARTE-HANKS COMMUNICATIONS, INC. AND SUBSIDIARIES
EARNINGS PER SHARE COMPUTATIONS
(in thousands, except per share data)
PRIMARY
Three Months Ended June 30,
---------------------------
1995 1994
---- ----
Net income ............................................................ $ 8,728 $ 6,939
======== ========
Shares used in net earnings per
share computations ................................................. 19,831 19,031
======== ========
Earnings per share .................................................... $ .44 $ .36
======== ========
COMPUTATION OF SHARES USED IN NET EARNINGS PER SHARE COMPUTATIONS
Three Months Ended June 30,
---------------------------
1995 1994
---- ----
Average outstanding common shares ..................................... 18,939 18,178
Average common equivalent shares --
dilutive effect of option shares ................................... 892 853
-------- --------
Shares used in net earnings
per share computations ............................................. 19,831 19,031
======== ========
FULLY DILUTED
Three Months Ended June 30,
---------------------------
1995 1994
---- ----
Net income ............................................................ $ 8,728 $ 6,939
======== ========
Adjusted net income for interest
on convertible note ................................................ $ 8,853 $ 7,127
======== ========
Shares used in net earnings
per share computations ............................................. 20,757 20,483
======== ========
Earnings per share .................................................... $ .43 $ .35
======== ========
COMPUTATION OF SHARES USED IN NET EARNINGS PER SHARE COMPUTATIONS
Three Months Ended June 30,
---------------------------
1995 1994
---- ----
Average outstanding common shares ..................................... 18,939 18,178
Average common equivalent shares --
dilutive effect of option shares ................................... 939 876
Dilutive effect of convertible note ................................... 879 1,429
-------- --------
Shares used in net earnings
per share computations ............................................. 20,757 20,483
======== ========
35
2
Exhibit 11
HARTE-HANKS COMMUNICATIONS, INC. AND SUBSIDIARIES
EARNINGS PER SHARE COMPUTATIONS
(in thousands, except per share data)
PRIMARY
Six Months Ended June 30,
-------------------------
1995 1994
---- ----
Net income ............................................................ $14,838 $ 9,206
======= =======
Shares used in net earnings per
share computations ................................................. 19,485 19,041
======= =======
Earnings per share .................................................... $ .76 $ .48
======= =======
COMPUTATION OF SHARES USED IN NET EARNINGS PER SHARE COMPUTATIONS
Six Months Ended June 30,
-------------------------
1995 1994
---- ----
Average outstanding common shares ..................................... 18,651 18,162
Average common equivalent shares --
dilutive effect of option shares ................................... 834 879
------- -------
Shares used in net earnings
per share computations ............................................. 19,485 19,041
======= =======
FULLY DILUTED
Six Months Ended June 30,
-------------------------
1995 1994
---- ----
Net income ............................................................ $14,838 $ 9,206
======= =======
Adjusted net income for interest
on convertible note ................................................ $15,151 $ 9,582
======= =======
Shares used in net earnings
per share computations ............................................. 20,679 20,483
======= =======
Earnings per share .................................................... $ .73 $ .47
======= =======
COMPUTATION OF SHARES USED IN NET EARNINGS PER SHARE COMPUTATIONS
Six Months Ended June 30,
-------------------------
1995 1994
---- ----
Average outstanding common shares ..................................... 18,651 18,162
Average common equivalent shares --
dilutive effect of option shares ................................... 874 892
Dilutive effect of convertible note ................................... 1,154 1,429
------- -------
Shares used in net earnings
per share computations ............................................. 20,679 20,483
======= =======
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