BDM International Inc/DE – ‘10-Q’ for 6/30/96 – EX-11.1

As of:  Tuesday, 8/6/96   ·   For:  6/30/96   ·   Accession #:  870763-96-7   ·   File #:  0-23966

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Quarterly Report   —   Form 10-Q
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 10-Q        Quarterly Report                                      16     67K 
 2: EX-11.1     Statement re: Computation of Earnings Per Share        1      7K 
 3: EX-27       Financial Data Schedule (Pre-XBRL)                     1      6K 

EX-11.1   —   Statement re: Computation of Earnings Per Share

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                                                                                                 EXHIBIT 11.1

                                               BDM INTERNATIONAL, INC.                                       
                                          COMPUTATION OF EARNINGS PER SHARE                                  
                                   (Amounts in Thousands, Except Per Share Data)                             

                                                      Three Months Ended           Six Months Ended          
                                                           June 30,                    June 30,              
                                                      1996        1995            1996         1995          
                                                      ----        ----            ----         ----          
                                                                                                             

Net Income                                           $6,655       $3,870         $12,062       $7,204        
                                                     ======       ======         =======       ======        

Shares used for                                                                                              
  primary earnings per share:                                                                                

  Weighted averaged shares                                                                                   
    outstanding                                      14,036        9,650          13,498        9,544        

  Dilutive effect of common stock                                                                            
    equivalents-noncontingent stock                                                                          
    options                                             872          587             826          569        
                                                        ---          ---             ---          ---        
     Total shares used for primary                                                                           
       earnings per share                            14,908       10,237          14,324       10,113        
                                                     ======       ======          ======       ======        

Additional shares used for                                                                                   
  fully diluted earnings per share:                                                                          

  Increase for dilutive effect of                                                                            
    contingent stock options                             22          139             100          162        
                                                         --          ---             ---          ---        

     Total shares used for                                                                                   
       fully diluted earnings per share              14,930       10,376          14,424       10,275        
                                                     ======       ======          ======       ======        

Earnings per share:                                                                                          

   Primary                                            $0.45        $0.38           $0.84        $0.71        
                                                      =====        =====           =====        =====        

   Fully diluted                                      $0.45        $0.37           $0.84        $0.70        
                                                      =====        =====           =====        =====