1 EXHIBIT 11 HARTE-HANKS, INC. AND SUBSIDIARIES EARNINGS PER SHARE COMPUTATIONS (in thousands, except per share data) Three Months Ended March 31, In thousands, except per share amount 1998 1997 - --------------------------------------------------------------------------------------------------------- BASIC EPS Income from continuing operations ....................................... $ 14,105 $ 5,968 Income from discontinued operations ..................................... -- 4,049 ---------- ---------- Net Income .............................................................. $ 14,105 $ 10,017 ========== ========== Weighted-average common shares outstanding used in net earnings per share computations .......................... 73,481 74,262 ========== ========== Basic earnings per common share: Continuing operations ................................................ $ 0.19 $ 0.08 Discontinued operations .............................................. -- 0.05 ---------- ---------- Net income ........................................................... $ 0.19 $ 0.13 ========== ========== DILUTED EPS Income from continuing operations ....................................... $ 14,105 $ 5,968 Income from discontinued operations ..................................... -- 4,049 ---------- ---------- Net Income .............................................................. $ 14,105 $ 10,017 ========== ========== Shares used in net earnings per share computations ..................... 77,128 77,467 ========== ========== Diluted earnings per common share: Continuing operations ................................................ $ 0.18 $ 0.08 Discontinued operations .............................................. -- 0.05 ---------- ---------- Net income ........................................................... $ 0.18 $ 0.13 ========== ========== Computation of shares used in net earnings per share computations: Average outstanding common shares ....................................... 73,481 74,262 Average common equivalent shares - dilutive effect of option shares ..................................... 3,647 3,205 ---------- ---------- Shares used in net earnings per share computations ...................... 77,128 77,467 ========== ==========