1 EXHIBIT 11 ---------- COMPUTER TASK GROUP, INCORPORATED --------------------------------- COMPUTATION OF DILUTED EARNINGS PER SHARE UNDER THE TREASURY STOCK METHOD SET FORTH IN STATEMENT OF FINANCIAL ACCOUNTING STANDARDS NO. 128 "EARNINGS PER SHARE" (AMOUNTS IN THOUSANDS, EXCEPT PER SHARE DATA) QUARTER ENDED TWO QUARTERS ENDED JUNE 30, JUNE 25, JUNE 30, JUNE 25, 2000 1999 2000 1999 -------- -------- -------- -------- Weighted-average number of shares outstanding during period 16,137 16,517 16,107 16,472 Add Common Stock equivalents - incremental shares under stock option plans 51 279 117 341 -------- -------- -------- -------- Number of shares on which diluted earnings per share is based 16,188 16,796 16,224 16,813 ======== ======== ======== ======== Net income (loss) for the period $ (852) $ 6,317 $ (5,623) $ 11,016 ======== ======== ======== ======== Diluted earnings (loss) per share $ (0.05) $ 0.38 $ (0.35) $ 0.66 Basic earnings (loss) per share $ (0.05) $ 0.38 $ (0.35) $ 0.67 20