EX-11 3 l97140aexv11.txt COMPUTATION OF DILUTED EARNINGS EXHIBIT 11 EXHIBIT 11 COMPUTER TASK GROUP, INCORPORATED COMPUTATION OF DILUTED EARNINGS PER SHARE UNDER THE TREASURY STOCK METHOD SET FORTH IN STATEMENT OF FINANCIAL ACCOUNTING STANDARDS NO. 128 "EARNINGS PER SHARE" (AMOUNTS IN THOUSANDS, EXCEPT PER SHARE DATA)
QUARTER ENDED MARCH 29, MARCH 30, 2002* 2001* ---------- ---------- Weighted-average number of shares outstanding during period 16,533 16,383 Common Stock equivalents - Incremental shares under stock options plans 437 - -------- -------- Number of shares on which diluted earnings per share is based 16,970 16,383 ====== ======== Net loss for the period $(36,589) $ (1,380) ======== ======== Diluted loss per share $ (2.16) $ (0.08) ======== ======== Basic loss per share $ (2.21) $ (0.08) ======== ========
* As the Company had a net loss from continuing operations in the first quarter of 2001, the number of incremental shares under the Company's stock options plans is considered to be zero as the inclusion of such shares would cause the diluted loss per share calculation to be anti-dilutive 18