EX-11 16 l87064aex11.txt EXHIBIT 11 1 EXHIBIT 11 ---------- COMPUTER TASK GROUP, INCORPORATED --------------------------------- COMPUTATION OF DILUTED EARNINGS PER SHARE UNDER TREASURY STOCK METHOD SET FORTH IN STATEMENT OF FINANCIAL ACCOUNTING STANDARDS NO. 128 "EARNINGS PER SHARE" (amounts in thousands, except per share data) YEAR ENDED DECEMBER 31: ----------------------
2000 1999 1998 1997* 1996* ---- ---- ---- ----- ----- Weighted-average number of shares outstanding during year................. 16,187 16,401 16,216 16,758 16,980 Add Common Stock equivalents, Incremental shares under stock option plans............... 85 279 697 857 620 ------- ------- ------ ------ ------ Number of shares on which diluted earnings per share is based.......................... 16,272 16,680 16,913 17,615 17,600 Net income (loss) for the year............ $ (5,661) $ 16,701 $ 24,045 $ 17,862 $ 11,080 Diluted earnings (loss) per share......... $ (0.35) $ 1.00 $ 1.42 $ 1.01 $ 0.63 Basic earnings (loss) per share........... $ (0.35) $ 1.02 $ 1.48 $ 1.07 $ 0.65
* Restated to reflect a 2-for-1 stock split effective June 2, 1997. 109