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EXHIBIT 11.1
GTSI CORP.
COMPUTATION OF EARNINGS PER SHARE
(IN THOUSANDS, EXCEPT SHARE AMOUNTS)
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THREE NINE
MONTHS ENDED MONTHS ENDED
SEPTEMBER 30, SEPTEMBER 30,
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2000 1999 2000 1999
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<S> <C> <C> <C> <C>
Net Income $ 5,657 $ 2,748 $ 4,357 $ 923
Basic:
Weighted average shares of common stock outstanding 9,256 9,211 9,290 9,291
Net income per common share and common share equivalent 0.61 0.30 0.47 0.10
Diluted:
Weighted average shares of common stock outstanding 9,305 9,308 9,490 9,406
Net income per common share and common share equivalent 0.61 0.30 0.46 0.10
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