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EXHIBIT 11.1
COMPUTATION OF PRIMARY
EARNINGS PER SHARE
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NORRELL CORPORATION AND SUBSIDIARIES
COMPUTATION OF PRIMARY EARNINGS PER SHARE
(Dollars and shares in thousands, except per share amounts)
Three Months Ended Twelve Months Ended
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November 2, October 27, November 2, October 27,
1997 1996 1997 1996
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INCOME AVAILABLE TO COMMON SHARES
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PRIMARY:
Net (loss) income applicable to common stock $ (397) $ 7,275 $24,458 $25,257
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WEIGHTED AVERAGE SHARES
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PRIMARY:
Common shares 26,723 23,540 24,660 23,408
Common share equivalents applicable to stock options 2,105 2,280 2,087 1,936
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Total 28,828 25,820 26,747 25,344
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EARNINGS PER SHARE
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PRIMARY:
Net (loss) income applicable to common stock $ (0.01) $ 0.28 $ 0.91 $ 1.00
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