CINCINNATI MILACRON INC. AND SUBSIDIARIES
COMPUTATION OF EARNINGS PER SHARE
(UNAUDITED)
(IN THOUSANDS, EXCEPT PER-SHARE AMOUNTS)
12 WEEKS ENDED 24 WEEKS ENDED
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JUNE 14, JUNE 15, JUNE 14, JUNE 15,
1997 1996 1997 1996
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Net earnings $18,202 $14,736 $31,249 $27,331
Less preferred dividends (60) (60) (120) (120)
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Net earnings available
to common shareholders $18,142 $14,676 $31,129 $27,211
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Primary
Average number of shares
outstanding 39,819 36,162 39,813 35,081
Add dilutive effect of
stock options based on
treasury stock method 274 526 282 684
Deduct antidilutive restricted
shares subject to contingent
vesting (200) - (200) -
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Total 39,893 36,688 39,895 35,765
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Per share amount $ .45 $ .40 $ .78 $ .76
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Fully diluted
Average number of shares
outstanding 39,819 36,162 39,813 35,081
Add dilutive effect of stock
options based on treasury
stock method 437 526 363 739
Deduct antidilutive restricted
shares subject to contingent
vesting (200) - (200) -
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Total 40,056 36,688 39,976 35,820
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Per share amount $ .45 $ .40 $ .78 $ .76
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Note: This computation is required by Regulation S-K, Item
601, and is filed as an exhibit under Item 6 of Form 10-Q.