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Exhibit 11.1
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ON ASSIGNMENT, INC.
STATEMENT OF COMPUTATION OF NET EARNINGS PER
COMMON AND COMMON EQUIVALENT SHARES
Years Ended December 31,
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1994 1995 1996
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Net income used to compute primary and fully
diluted earnings per share $3,481,000 $4,341,000 $5,606,000
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Weighted average number of shares outstanding 4,845,000 4,987,000 5,103,000
Dilutive effect of stock options and warrants
279,000 278,000 346,000
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Number of shares used to compute primary and
fully diluted earnings per share
5,124,000 5,265,000 5,449,000
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Net earnings per share $ 0.68 $ 0.82 $ 1.03
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