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AMRESCO, INC.
EXHIBIT 11 - COMPUTATION OF PER SHARE EARNINGS
Three Months Ended Nine Months Ended
September 30, September 30,
2000 1999 2000 1999
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Basic and Diluted:
Income (loss) from continuing operations $(21,847,000) $(76,479,000) $(159,644,000) $(58,223,000)
Income (loss) from discontinued operations,
net of income taxes (46,000) (5,530,000) 46,184,000 (1,444,000)
Income (loss) before extraordinary gain (21,893,000) (82,009,000) (113,460,000) (59,667,000)
Extraordinary gain on early retirement of debt,
net of income taxes 3,470,000 3,470,000
Net income (loss) $(18,423,000) $(82,009,000) $(109,990,000) $(59,667,000)
Weighted average common shares outstanding 10,038,968 9,757,224 9,862,417 9,717,910
Restricted shares (323,076) (171,007) (169,113) (154,236)
Total 9,715,892 9,586,217 9,693,304 9,563,674
Earnings (loss) from continuing operations $(2.25) $(7.98) $(16.47) $(6.09)
Earnings (loss) from discontinued operations,
net of income taxes (0.01) (0.57) 4.76 (0.15)
Extraordinary gain on early retirement of debt,
net of income taxes 0.36 0.36
Earnings (loss) per share $(1.90) $(8.55) $(11.35) $(6.24)
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