1 Exhibit 11 ClinTrials Research Inc. Computation of Earnings per Common and Common Equivalent Share (in thousands, except for earnings per share) Three Months Ended June 30, 1995 1996 ------ ------ Net income $ 817 $1,276 ====== ====== Average shares outstanding 8,770 8,862 Net effect of dilutive stock options - based on treasury stock method using average market price 288 346 ------ ------ Weighted average shares 9,058 9,208 ====== ====== Earnings per common and common equivalent share $ 0.09 $ 0.14 ====== ====== 2 ClinTrials Research Inc. Computation of Earnings per Common and Common Equivalent Share (in thousands, except for earnings per share) Six Months Ended June 30, 1995 1996 ------ ------ Net income $1,538 $2,389 ====== ====== Average shares outstanding 8,775 8,877 Net effect of dilutive stock options - based on treasury stock method using average market price 269 336 ------ ------ Weighted average shares 9,044 9,213 ====== ====== Earnings per common and common equivalent share $ 0.17 $ 0.26 ====== ======