Diodes (DIOD) 10-Q 2007 Q2 Quarterly report

Exhibit – 11

DIODES INCORPORATED AND SUBSIDIARIES

COMPUTATION OF EARNINGS PER SHARE

(Unaudited)

(in thousands, except per share data)

	Three Months Ended				Six Months Ended
	June 30,				June 30,
	2006		2007		2006		2007
BASIC
Weighted average number of common  shares outstanding used in computing basic earnings per share (1)		38,282		39,397		38,152		39,220
Net income	$	11,385	$	12,249	$	20,697	$	25,258
Earnings per share (1)	$	0.30	$	0.31	$	0.54	$	0.64
DILUTED
Weighted average number of common shares outstanding used in computing basic earnings per share (1)		38,282		39,397		38,152		39,220
Add:  Assumed exercise of stock options and stock awards (1)		3,709		2,626		3,641		2,677
		41,991		42,023		41,793		41,897
Net income	$	11,385	$	12,249	$	20,697	$	25,258
Earnings per share (1)	$	0.27	$	0.29	$	0.50	$	0.60

(1) Adjusted for the effect of a 3-for-2 stock split in July 2007