ATC GROUP SERVICES INC. AND SUBSIDIARIES EXHIBIT 11
COMPUTATION OF EARNINGS PER SHARE
THREE MONTHS AND NINE MONTHS ENDED NOVEMBER 30, 1996 and 1997 (Unaudited)
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Three Months Ended Nine Months Ended
November 30, November 30,
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1996 1997 1996 1997
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Primary Earnings Per Share:
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Weighted average number of shares of
common stock outstanding................... $ 7,792,964 $ 7,886,057 $ 7,789,104 $ 7,830,784
Additional shares assuming exercise of
dilutive stock options and stock warrants.. 661,187 724,596 748,167 684,431
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Total average common and common
equivalent shares outstanding........... 8,454,151 8,574,553 8,537,271 8,503,018
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Net income.................................. $ 1,506,278 $ 1,179,710 $ 5,326,074 $ 3,604,065
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Earnings per common and dilutive
common equivalent share.................... $ .18 $ .14 $ .62 $ .42
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Fully Diluted Earnings Per Share:
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Weighted average number of shares of
common stock outstanding................... $ 7,792,964 $ 7,882,057 $ 7,789,104 $ 7,830,784
Additional shares assuming exercise of
dilutive stock options and stock warrants.. 661,187 743,024 781,066 729,664
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Total average common and common
equivalent shares outstanding........... 8,454,151 8,592,981 8,570,170 8,548,252
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Net income.................................. $ 1,506,278 $ 1,179,710 $ 5,326,074 $ 3,604,065
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Earnings per common and dilutive
common equivalent share.................... $ .18 $ .14 $ .62 $ .42
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