Exhibit 11
AUTOINFO, INC. AND SUBSIDIARIES
Calculation of Earnings Per Share
Six Months Ended Three Months Ended
June 30, May 31, June 30, May 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 $ (537,502) $(1,938,461) $ (939,051) $(1,914,046)
From discontinued operations -- 9,480,160 -- 9,105,285
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Net income $ (537,502) $ 7,541,699 $ (939,051) $ 7,191,239
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Shares:
Weighted average number of
common shares outstanding 7,885,487 7,360,169 7,87,088 7,465,052
Add shares issuable from assumed
exercise of options and warrants -- 100,027 -- 106,760
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Weighted average number of common
shares as adjusted 7,885,487 7,460,196 7,987,088 7,571,812
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Primary and fully diluted earnings
per common share:
From continuing operations $ (.07) $ (.26) $ (.12) $ (.26)
From discontinued operations -- 1.28 -- 1.23
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Net income $ (.07) $ 1.02 $ (.12) $ .97
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