EXHIBIT 11 STATEMENT RE COMPUTATION OF PER SHARE EARNINGS THE VINCAM GROUP, INC. CALCULATION OF BASIC AND DILUTED NET INCOME PER COMMON SHARE THREE MONTHS ENDED MARCH 31, ------------------------- 1998 1997 ----------- ----------- Net income $ 1,803,340 $ 1,218,758 =========== =========== Weighted average number of common shares outstanding used in basic earnings per share calculation 15,563,038 15,212,450 =========== =========== Basic net income per common share $ 0.12 $ 0.08 =========== =========== Weighted average number of common shares outstanding during the period 15,563,038 15,212,450 Assumed exercise of stock options, net of treasury shares acquired 704,635 768,028 ----------- ----------- Weighted average number of shares used in diluted earnings per share calculation 16,267,673 15,980,478 =========== =========== Diluted net income per common share $ 0.11 $ 0.08 =========== ===========