1 EXHIBIT 11 PACIFIC INTERNATIONAL SERVICES CORP COMPUTATION OF EARNINGS PER COMMON SHARE Three Months Ended June 30 ---------------------------- 1996 1995 ----------- ----------- Weighted average common shares outstanding 13,234,599 8,079,800 =========== =========== Net income (loss) before extraordinary (359,953) 97,764 items and discontinued operations Loss from discontinued operations (430,282) (1,697,238) =========== =========== Earnings per common share: Continuing operations (0.03) 0.01 Discontinued operations (0.03) (0.21) ----------- ----------- Net income (loss) (0.06) (0.20) =========== =========== Six Months Ended June 30 ---------------------------- 1996 1995 ----------- ----------- Weighted average common shares outstanding 13,234,599 8,079,800 =========== =========== Net income (loss) from continuing operations (384,605) 151,953 before extraordinary items and discontinued operations Loss from discontinued operations (556,282) (2,129,568) =========== =========== Earnings per common share: Continuing operations (0.03) 0.02 Discontinued operations (0.04) (0.26) ----------- ----------- Net income (loss) (0.07) (0.24) =========== ===========