1 EXHIBIT 11.2 COMPUTATION OF FULLY DILUTED EARNINGS PER SHARE 2 NORRELL CORPORATION AND SUBSIDIARIES COMPUTATION OF FULLY DILUTED EARNINGS PER SHARE (Dollars and shares in thousands, except per share amounts) Three Months Ended Twelve Months Ended --------------------------- -------------------------- November 2, October 27, November 2, October 27, 1997 1996 1997 1996 ---- ---- ---- ---- INCOME AVAILABLE TO COMMON SHARES FULLY DILUTED: Net (loss) income applicable to common stock $ (397) $ 7,275 $24,458 $25,257 ======== ======= ======= ======= WEIGHTED AVERAGE SHARES FULLY DILUTED: Common shares 26,723 23,540 24,660 23,407 Common share equivalents applicable to stock options 2,105 2,216 2,106 2,344 -------- ------- ------- ------- Total 28,828 25,756 26,766 25,751 ======== ======= ======= ======= EARNINGS PER SHARE (A) FULLY DILUTED: Net (loss) income applicable to common stock $ (0.01) $ 0.28 $ 0.91 $ 0.98 ======== ======= ======= ======= (a) This calculation is submitted in accordance with Regulation S-K 601(b)(11) although not required by footnote 2 to paragraph 14 of APB Opinion No. 15 since it results in dilution of less than 3%.