Exhibit 11
KSW, INC.
Statement Regarding Computation of
Net Earnings (Loss) per Share
Six Months Six Months Three Months Three Months
Ended 6/30/00 Ended 6/30/99 Ended 3/31/00 Ended 3/31/99
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Net Earnings/(Loss) $ 699,000 $ 93,000 $ 286,000 $ 6,000
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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 $ .13 $ .02 $ .05 $ .00
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Earnings Per Share - Diluted
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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 190,582 0 194,891 0
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Total shares outstanding for purposes of
calculating diluted earnings 5,659,226 5,468,644 5,663,535 5,468,644
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Earnings per common and common Equivalent
share - Diluted $ .12 $ .02 $ .05 $ .00
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