Pomeroy Computer Resources, Inc. Exhibit 11 - Computation of Earnings Per Share (in thousands, except per share amounts) Quarter Ended Year to date July 5, July 5, ---------------- ---------------- 2003 2002 2003 2002 ------- ------- ------- ------- BASIC Weighted average common shares outstanding 12,346 12,743 12,399 12,720 ======= ======= ======= ======= Net income $ 2,013 $ 4,627 $ 3,520 $ 9,290 ======= ======= ======= ======= Net income per common share $ 0.16 $ 0.36 $ 0.28 $ 0.73 ======= ======= ======= ======= DILUTED Weighted average common shares outstanding 12,346 12,743 12,399 12,720 Dilutive effect of stock options outstanding during the period 33 129 23 112 Total common and common equivalent ------- ------- ------- ------- shares 12,379 12,872 12,422 12,832 ======= ======= ======= ======= Net income $ 2,013 $ 4,627 $ 3,520 $ 9,290 ======= ======= ======= ======= Net income per common share $ 0.16 $ 0.36 $ 0.28 $ 0.72 ======= ======= ======= =======