EXHIBIT 11--STATEMENT RE: COMPUTATION OF PER SHARE EARNINGS A. T. CROSS COMPANY AND SUBSIDIARIES Year Ended December 31 1996 1995 1994 Earnings per common share: Weighted average shares outstanding 16,531,488 16,528,876 16,872,505 Net income $ 6,605,926 $13,365,353 $10,533,922 Per share amount * $0.40 $ 0.81 $0.62 Primary: Weighted average shares outstanding 16,531,488 16,528,876 16,872,505 Dilutive stock options--based on the treasury stock method using average market price 31,115 77,320 78,315 TOTAL 16,562,603 16,606,196 16,950,820 Net income $ 6,605,926 $13,365,353 $10,533,922 Per share amount $0.40 $ 0.80 $0.62 Fully diluted: Weighted average shares outstanding 16,531,488 16,528,876 16,872,505 Dilutive stock options--based on the treasury stock method using the market price at the end of each quarter, if higher than average market price 31,325 77,659 78,477 TOTAL 16,562,813 16,606,535 16,950,982 Net income $ 6,605,926 $13,365,353 $10,533,922 Per share amount $ 0.40 $ 0.80 $0.62 * Stock options are not included in the computation of per share earnings as the effect is not material.