EXHIBIT 11
KOLLMORGEN CORPORATION AND SUBSIDIARIES
CALCULATIONS OF EARNINGS PER SHARE
(Dollars in thousands, except per share amounts)
Year Ended December 31
1993 1992 1991 1990 1989
Net income (loss) $ 4,752 $ (8,725) $ (35,938) $ 18,446 $ (31,813)
Less preferred stock dividends
and accretion of discount (2,328) (2,330) (2,325) (1,773) --
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Earnings applicable to common stock 2,424 (11,055) (38,263) 16,673 (31,813)
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Number of shares:
Weighted average number of
shares outstanding 9,632,232 9,627,228 9,628,122 10,434,429 10,625,088
Shares issuable on assumed
exercise of dilutive options -- -- -- 4,884 --
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Adjusted shares 9,632,232 9,627,228 9,628,122 10,439,313 10,625,088
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Earnings (loss) per share $ .25 $(1.14) $(3.97) $ 1.60 $(2.99)
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