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EXHIBIT 11
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EXHIBIT 11
Statement Re Computation of Per Share Earnings
OHM CORPORATION
COMPUTATION OF PER SHARE EARNINGS
(In Thousands, Except Per Share Data)
Three Months Ended
March 31,
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1996 1995
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PRIMARY:
Average Shares Outstanding 26,686 15,681
Net effect of dilutive stock options and warrants--
based on the treasury stock method 9 24
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Total 26,695 15,705
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Net Income $ 1,330 $ 1,287
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Per Share Amount $ 0.05 $ 0.08
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FULLY DILUTED: (1)
Average Shares Outstanding 26,686 15,681
Net effect of dilutive stock options and warrants--
based on the treasury stock method 9 24
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Total 26,695 15,705
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Net Income $ 1,330 $ 1,287
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Per Share Amount $ 0.05 $ 0.08
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<FN>
(1) Fully dilutive effect of stock options and warrants on per share
amounts for the three months ended March 31, 1996 and 1995, has not
been presented in the statement of operations since any reduction of
less than 3% in the aggregate need not be considered as dilution.