1 THE L.E. MYERS CO. GROUP EXHIBIT 11 SCHEDULE OF COMPUTATION OF NET INCOME PER SHARE (In thousands, except per share data) - ------------------------------------------------------------------------------------------------------------ PERIOD ENDED MARCH 31 THREE MONTHS - ------------------------------------------------------------------------------------------------------------ 1995 1994 ------------ ------------ Net income $ 252 $ 26 ------------------------------------ Weighted average number of common shares outstanding during the period 2,379 2,393 Add - common equivalent shares (determined using the "treasury stock" method) representing shares issuable upon exercise of the common stock equivalents 154 110 ------------------------------------ Weighted average number of shares for income per common share 2,533 2,503 ==================================== Income per common share $ .10 $ .01 ==================================== 12