EXHIBIT 11 GENERAL HOUSEWARES CORP. Computation of Primary Earnings Per Share (Dollars in thousands except per share amounts) For the six months ended June 30, 1995 1994 Net income $ 339 $ 201 Shares: Weighted average number of shares of common stock outstanding 3,741,220 3,296,994 Shares assumed issued (less shares assumed purchased for treasury) on stock option agreements 29,016 39,391 Rounding (236) (385) ---------- ---------- 3,770,000 3,336,000 ---------- ---------- ---------- ---------- Earnings per Common Share: Net Income $0.09 $0.06 ---------- ---------- ---------- ----------