EXHIBIT 11
KSW, INC.
STATEMENT REGARDING COMPUTATION OF
NET EARNINGS (LOSS) PER SHARE
(unaudited)
<TABLE>
<CAPTION>
Nine Months Nine Months Three Months Three Months
Ended 9/30/00 Ended 9/30/99 Ended 9/30/00 Ended 9/30/99
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<S> <C> <C> <C> <C>
NET EARNINGS/(LOSS) $ 384,000 $ 667,000 $ (315,000) $ 574,000
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EARNINGS/(LOSS) PER SHARE - PRIMARY
Weighted average shares outstanding
during the period 5,468,644 5,468,644 5,468,644 5,468,644
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Earnings/(Loss) per common share
Primary $ .07 $ .12 $ (.06) $ .0
=========== =========== =========== ===========
EARNINGS PER SHARE - DILUTED
----------------------------
Weighted average shares outstanding
during the period 5,468,644 5,468,644 5,468,644 5,468,644
Common and Common Stock equivalent shares
using the treasury stock method 188,332 0 186,190 0
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Total shares outstanding for purposes of
calculating diluted earnings 5,656,976 5,468,644 5,654,834 5,468,644
=========== =========== =========== ===========
Earnings per common and common Equivalent
share - Diluted $ .07 $ .12 $ (.06) $ .10
=========== =========== =========== ===========
</TABLE>
