Exhibit 11
COMPUTATION OF PER SHARE EARNINGS
COMPLETE BUSINESS SOLUTIONS, INC. AND SUBSIDIARIES
PRO FORMA OR ACTUAL NET INCOME PER COMMON SHARE
(IN THOUSANDS, EXCEPT PER SHARE DATA)
(Unaudited)
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Three Months Ended |
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September 30, |
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|
1999 |
|
1998 |
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Weighted average number of shares of Common Stock outstanding |
|
|
37,593 |
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|
34,539 |
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Common Stock equivalents calculated using the weighted average
stock price per share for the periods presented |
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|
576 |
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|
1,758 |
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Weighted average shares outstanding |
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|
38,169 |
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36,297 |
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Pro forma net income |
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$ |
8,244 |
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$ |
1,270 |
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Pro forma net income per common share |
|
$ |
0.22 |
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|
$ |
0.03 |
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Nine Months Ended |
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September 30, |
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|
1999 |
|
1998 |
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|
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|
Weighted average number of shares of Common Stock outstanding |
|
|
37,157 |
|
|
|
34,172 |
|
|
|
|
|
|
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Common Stock equivalents calculated using the weighted average
stock price per share for the periods presented |
|
|
994 |
|
|
|
— |
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Weighted average shares outstanding |
|
|
38,151 |
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|
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34,172 |
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|
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Pro forma net income (loss) |
|
$ |
25,740 |
|
|
$ |
(1,087 |
) |
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Pro forma net income (loss) per common share |
|
$ |
0.67 |
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|
$ |
(0.03 |
) |
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