1
Exhibit 11
HARTE-HANKS COMMUNICATIONS, INC. AND SUBSIDIARIES
EARNINGS PER SHARE COMPUTATIONS
(in thousands, except per share data)
PRIMARY
Three Months Ended September 30,
--------------------------------
1996 1995
------- -------
Net income................................ $12,292 $ 9,976
======= =======
Shares used in net earnings per
share computations...................... 38,734 37,815
======= =======
Earnings per share........................ $ .32 $ .26
======= =======
COMPUTATION OF SHARES USED IN NET EARNINGS PER SHARE COMPUTATIONS
Three Months Ended September 30,
--------------------------------
1996 1995
------- -------
Average outstanding common shares......... 36,563 35,853
Average common equivalent shares --
dilutive effect of option shares........ 2,171 1,962
------ ------
Shares used in net earnings
per share computations.................. 38,734 37,815
====== ======
FULLY DILUTED
-------------
Three Months Ended September 30,
--------------------------------
1996 1995
------- -------
Net income................................ $12,292 $ 9,976
======= =======
Shares used in net earnings
per share computations.................. 38,824 37,895
======= =======
Earnings per share........................ $ .32 $ .26
======= =======
COMPUTATION OF SHARES USED IN NET EARNINGS PER SHARE COMPUTATIONS
Three Months Ended September 30,
--------------------------------
1996 1995
------- -------
Average outstanding common shares......... 36,563 35,853
Average common equivalent shares --
dilutive effect of option shares........ 2,261 2,042
------ -------
Shares used in net earnings
per share computations.................. 38,824 37,895
====== ======
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2
Exhibit 11
HARTE-HANKS COMMUNICATIONS, INC. AND SUBSIDIARIES
EARNINGS PER SHARE COMPUTATIONS
(in thousands, except per share data)
PRIMARY
Nine Months Ended September 30,
-------------------------------
1996 1995
------- -------
Net income................................ $24,515 $28,100
======= =======
Shares used in net earnings per
share computations...................... 38,524 36,387
======= =======
Earnings per share........................ $ .64 $ .77
======= =======
COMPUTATION OF SHARES USED IN NET EARNINGS PER SHARE COMPUTATIONS
Nine Months Ended September 30,
-------------------------------
1996 1995
------ -------
Average outstanding common shares......... 36,555 34,636
Average common equivalent shares --
dilutive effect of option shares........ 1,969 1,751
------ -------
Shares used in net earnings
per share computations.................. 38,524 36,387
====== =======
FULLY DILUTED
-------------
Nine Months Ended September 30,
-------------------------------
1996 1995
------- -------
Net income................................ $24,515 $28,100
======= =======
Adjusted net income for interest
on convertible note..................... $24,515 $28,413
======= =======
Shares used in net earnings
per share computations.................. 38,613 37,639
======= =======
Earnings per share........................ $ .63 $ .75
======= =======
COMPUTATION OF SHARES USED IN NET EARNINGS PER SHARE COMPUTATIONS
Nine Months Ended September 30,
-------------------------------
1996 1995
------ ------
Average outstanding common shares......... 36,555 34,636
Average common equivalent shares --
dilutive effect of option shares........ 2,058 1,849
Dilutive effect of convertible note....... -- 1,154
------ ------
Shares used in net earnings
per share computations.................. 38,613 37,639
====== ======
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