Exhibit 11 General DataComm Industries, Inc. and Subsidiaries Calculation of Earnings per Share (In thousands except per share data) Three months ended Nine months ended June 30, June 30, 1996 1995 1996 1995 - ------------------------------------------------------------------------------- Primary earnings per share: Weighted average number of common shares outstanding 20,797 20,332 20,656 19,562 Assumed exercise of certain stock options - - - - - ------------------------------------------------------------------------------- 20,797 20,332 20,656 19,562 - ------------------------------------------------------------------------------- Net loss ($7,767) ($16,598) ($12,314) ($22,436) - ------------------------------------------------------------------------------- Loss per share ($0.37) ($0.82) ($0.60) ($1.15) =============================================================================== Fully diluted earnings per share: Weighted average number of common shares outstanding 20,797 20,332 20,656 19,562 Assumed exercise of certain stock options - - - - - ------------------------------------------------------------------------------- 20,797 20,332 20,656 19,562 Net loss ($7,767) ($16,598) ($12,314) ($22,436) - ------------------------------------------------------------------------------- Loss per share ($0.37) ($0.82) ($0.60) ($1.15) =============================================================================== -16-