EXHIBIT 11 CINCINNATI MILACRON INC. AND SUBSIDIARIES COMPUTATION OF EARNINGS PER SHARE (UNAUDITED) (IN THOUSANDS, EXCEPT PER-SHARE AMOUNTS) 16 WEEKS ENDED 40 WEEKS ENDED ------------------- ------------------ OCT. 8, OCT. 9, OCT. 8, OCT. 9, 1994 1993 1994 1993 ------- ------- ------- -------- Net earnings (loss) . . . . . . . . . . $11,890 $(7,811) $24,753 $(54,580) Less preferred dividends. . . . . . . . (60) (60) (180) (180) ------- ------- ------- -------- Net earnings (loss) available to common shareholders. . . . . . . $11,830 $(7,871) $24,573 $(54,760) ======= ======= ======= ======== Primary Average number of shares outstanding . . . . . . . . . . . . 33,656 33,492 33,615 30,993 Add dilutive effect of stock options based on treasury stock method . . . . . . . 384 527 402 874 ------- ------- ------- -------- Total . . . . . . . . . . . . . . . 34,040 34,019 34,017 31,867 ======= ======= ======= ======== Per share amount . . . . . . . . $ .35 $ (.23) $ .72 $ (1.72) ======= ======= ======= ======== Fully diluted (a) Average number of shares outstanding . . . . . . . . . . . . 33,656 33,492 33,615 Add dilutive effect of stock options based on treasury stock method. . . . . . . . . . . . 510 527 465 ------- ------- ------- Total . . . . . . . . . . . . . . . 34,166 34,019 34,080 ======= ======= ======= Per share amount . . . . . . . . $ .35 $ (.23) $ .72 ======= ======= ======= (a) Fully diluted earnings per common share is not presented for the 40 weeks ended October 9, 1993 because the effect would be anti-dilutive. Note: This computation is required by Regulation S-K, Item 601, and is filed as an exhibit under Item 6 of Form 10-Q.