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AMRESCO, INC.
EXHIBIT 11 - COMPUTATION OF PER SHARE EARNINGS
Three Months Ended Six Months Ended
June 30, June 30,
2000 1999 2000 1999
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Basic:
Income (loss) from continuing operations $(92,452,000) $14,208,000 $(137,797,000) $18,256,000
Income (loss) from discontinued operations,
net of income taxes (1,116,000) (2,104,000) 46,230,000 4,086,000
Net income (loss) $(93,568,000) $12,104,000 $ (91,567,000) $22,342,000
Weighted average common shares outstanding 48,987,608 48,781,316 48,870,707 48,491,266
Restricted shares (426,366) (934,653) (460,655) (729,251)
Total 48,561,242 47,846,663 48,410,052 47,762,015
Earnings (loss) from continuing operations $(1.91) $ 0.30 $(2.85) $0.38
Earnings (loss) from discontinued operations,
net of income taxes (0.02) (0.05) 0.96 0.09
Earnings (loss) per share $(1.93) $ 0.25 $(1.89) $0.47
Diluted:
Income (loss) from continuing operations $(92,452,000) $14,208,000 $(137,797,000) $18,256,000
Income (loss) from discontinued operations,
net of income taxes (1,116,000) (2,104,000) 46,230,000 4,086,000
Net income (loss) $(93,568,000) $12,104,000 $ (91,567,000) $22,342,000
Weighted average common shares outstanding 48,987,608 48,781,316 48,870,707 48,491,266
Contingently issuable shares 12,841,595 6,420,797
Restricted shares (426,366) (934,653) (460,655) (467,327)
Net effect of dilutive stock options based on the Treasury
stock method using the average market price 266,915 614,035
Total 48,561,242 60,955,173 48,410,052 55,058,771
Earnings (loss) from continuing operations $(1.91) $ 0.23 $(2.85) $0.33
Earnings (loss) from discontinued operations,
net of income taxes (0.02) (0.03) 0.96 0.08
Earnings (loss) per share $(1.93) $ 0.20 $(1.89) $0.41
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