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. 5, OCT. 7, OCT. 5, OCT. 7, 1996 1995 1996 1995 ------- ------- ------- ------- Net earnings $19,096 $16,044 $46,427 $37,444 Less preferred dividends (60) (60) (180) (180) ------- ------- ------- ------- Net earnings available to common shareholders $19,036 $15,984 $46,247 $37,264 ======= ======= ======= ======= Primary Average number of shares outstanding 39,849 34,184 36,815 33,962 Add dilutive effect of stock options based on treasury stock method 250 796 684 616 ------- ------- ------- ------- Total 40,099 34,980 37,499 34,578 ======= ======= ======= ======= Per share amount $ .47 $ .46 $ 1.23 $ 1.08 ======= ======= ======= ======= Fully diluted Average number of shares outstanding 39,849 34,184 36,815 33,962 Add dilutive effect of stock options based on treasury stock method 250 796 717 656 ------- ------- ------- ------ Total 40,099 34,980 37,532 34,618 ======= ======= ======= ======= Per share amount $ .47 $ .46 $ 1.23 $ 1.08 ======= ======= ======= ======= Note: This computation is required by Regulation S-K, Item 601, and is filed as an exhibit under Item 6 of Form 10-Q.