Exhibit 11
AUTOINFO, INC. AND SUBSIDIARIES
Calculation of Earnings Per Share
Nine Months Ended Three Months Ended
September 30, August 31, September 30, August 31,
1996 1995 1996 1995
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Primarily and fully diluted
earnings (loss):
Earnings (loss) from operations
applicable to common stock
From continuing operations $ 1,091,010 $(1,807,380) $ 235,855 $ 131,081
From discontinued operations -- 9,709,095 -- 228,935
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Net income $ 1,091,000 $ 7,901,715 $ 235,855 $ 360,016
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Shares:
Weighted average number of
common shares outstanding 7,886,478 7,492,691 7,954,752 7,757,736
Add shares issuable from assumed
exercise of options and warrants 31,851 68,786 45,863 6,309
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Weighted average number of common
shares as adjusted 7,918,329 7,561,477 8,000,615 7,764,045
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Primary and fully diluted earnings
per common share:
From continuing operations $ 0.14 $ (.24) $ 0.03 $ .02
From discontinued operations -- 1.28 -- .03
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Net income $ 0.14 $ 1.04 $ 0.03 $ .05
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