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 28, JUNE 29, JUNE 28, JUNE 29,
2002 2001* 2002 2001*
-------- -------- -------- --------
Weighted-average number of shares
outstanding during period 16,557 16,418 16,545 16,401
Add Common Stock equivalents -
incremental shares under stock option plans 472 -- 455 --
-------- -------- -------- --------
Number of shares on which diluted
earnings per share is based 17,029 16,418 17,000 16,401
======== ======== ======== ========
Net income (loss) for the period $ 671 $ (1,357) $ 1,120 $ (2,737)
======== ======== ======== ========
Diluted income (loss) per share $ 0.04 $ (0.08) $ 0.07 $ (0.17)
Basic income (loss) per share $ 0.04 $ (0.08) $ 0.07 $ (0.17)
* As the Company had a net loss for the period 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.