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 THREE QUARTERS ENDED
SEPT. 28, SEPT. 29, SEPT. 28, SEPT. 29,
2001 2000 2001 2000
--------- --------- ---------- ----------
Weighted-average number of shares
outstanding during period 16,443 16,207 16,415 16,140
Add Common Stock equivalents -
incremental shares under stock option plans* 0 0 0 0
------ ------ ------- ------
Number of shares on which diluted
earnings (loss) per share is based 16,443 16,207 16,415 16,140
------ ------ ------- ------
Net income (loss) for the period $ 182 $ (209) $(2,555) $(5,832)
======= ======= ======== ========
Basic and diluted earnings (loss) per share $ 0.01 $(0.01) $ (0.16) $ (0.36)
======= ======= ======== ========
* For the quarter ended September 28, 2001, there were no incremental shares
outstanding as there were no dilutive stock options outstanding, For the
remaining quarters presented, as the Company had a net loss for the periods
presented, the number of incremental shares under the Company's stock option
plans is considered to be zero as the inclusion of such shares would cause
the diluted loss per share calculation to be anti-dilutive
13