1
Exhibit 11
HARTE-HANKS COMMUNICATIONS, INC. AND SUBSIDIARIES
EARNINGS PER SHARE COMPUTATIONS
(in thousands, except per share data)
PRIMARY
Three Months Ended June 30,
----------------------------
1996 1995
------- -------
Net income................................ $ 3,906 $ 9,701
======= =======
Shares used in net earnings per
share computations...................... 38,551 36,279
======= =======
Earnings per share........................ $ .10 $ .27
======= =======
COMPUTATION OF SHARES USED IN NET EARNINGS PER SHARE COMPUTATIONS
Three Months Ended June 30,
----------------------------
1996 1995
------- -------
Average outstanding common shares......... 36,333 34,460
Average common equivalent shares --
dilutive effect of option shares........ 2,218 1,819
------ -------
Shares used in net earnings
per share computations.................. 38,551 36,279
====== =======
FULLY DILUTED
Three Months Ended June 30,
----------------------------
1996 1995
------- -------
Net income................................ $ 3,906 $ 9,701
======= =======
Adjusted net income for interest
on convertible note..................... $ 3,906 $ 9,826
======= =======
Shares used in net earnings
per share computations.................. 38,702 37,677
======= =======
Earnings per share........................ $ .10 $ .26
======= =======
COMPUTATION OF SHARES USED IN NET EARNINGS PER SHARE COMPUTATIONS
Three Months Ended June 30,
-----------------------------
1996 1995
------- -------
Average outstanding common shares......... 36,333 34,460
Average common equivalent shares --
dilutive effect of option shares........ 2,369 1,898
Dilutive effect of convertible note....... -- 1,319
------ ------
Shares used in net earnings
per share computations.................. 38,702 37,677
====== ======
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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,
----------------------------
1996 1995
------- -------
Net income................................ $12,223 $18,124
======= =======
Shares used in net earnings per
share computations...................... 38,420 35,673
======= =======
Earnings per share........................ $ .32 $ .51
======= =======
COMPUTATION OF SHARES USED IN NET EARNINGS PER SHARE COMPUTATIONS
Six Months Ended June 30,
----------------------------
1996 1995
------ -------
Average outstanding common shares......... 36,207 34,028
Average common equivalent shares --
dilutive effect of option shares........ 2,213 1,645
------ ------
Shares used in net earnings
per share computations.................. 38,420 35,673
====== ======
FULLY DILUTED
Six Months Ended June 30,
----------------------------
1996 1995
------- -------
Net income................................ $12,223 $18,124
======= =======
Adjusted net income for interest
on convertible note..................... $12,223 $18,437
======= =======
Shares used in net earnings
per share computations.................. 38,495 37,511
======= =======
Earnings per share........................ $ .32 $ .49
======= =======
COMPUTATION OF SHARES USED IN NET EARNINGS PER SHARE COMPUTATIONS
Six Months Ended June 30,
-----------------------------
1996 1995
------- -------
Average outstanding common shares......... 36,207 34,028
Average common equivalent shares --
dilutive effect of option shares........ 2,288 1,752
Dilutive effect of convertible note....... -- 1,731
------ ------
Shares used in net earnings
per share computations.................. 38,495 37,511
====== ======
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