EXHIBIT 11
DEL ELECTRONICS CORP. AND SUBSIDIARIES

COMPUTATION OF EARNINGS PER COMMON SHARE  
THREE MONTHS ENDED OCTOBER 28, 1995



                                                                        Fully
                                                        Primary        Diluted  
                                                                 
Reconciliation of net income per statement
         of income to amount used in earnings per
         share computation:

Net income                                            $  529,566      $  529,566

Assumed reduction of - Interest on short-term debt,
         debt tax effect on application of
         assumed proceeds from exercise of options
         subject to limitations under the Modified
         Treasury Stock method                            22,626          22,626
                                                      ----------      ----------

Net income, as adjusted                               $  552,192      $  552,192
                                                      ==========      ==========

Reconciliation of weighted average number of
shares outstanding to amount used in earnings
per share computation:

Weighted average number of shares outstanding          4,196,864       4,196,864

Add - shares issuable from assumed exercise of
options subject to limitations under the Modified
Treasury Stock method                                  1,031,386       1,031,386
                                                      ----------      ----------

         Weighted average number of shares
         outstanding as adjusted                       5,228,250       5,228,250
                                                      ==========      ==========

         Net income per common share                  $      .11      $      .11
                                                      ==========      ==========



The Company utilized the Modified Treasury Stock method for computing net income
per common share.  Under this method, the funds obtained by the assumed exercise
of all options and  warrants  were  applied to  repurchase  common  stock at the
average  market  price but  limited  to an amount  of  repurchased  shares to no
greater than 20% of the then outstanding actual common shares. Any assumed funds
still available after the repurchase of 20% of outstanding  actual common shares
were  assumed  to be  utilized  to reduce  the  existing  short-term  debt.  The
adjustment to net income has been shown net of tax effect of 30%.