MICRON TECHNOLOGY, INC. Exhibit 11 Computation of Per Share Amounts (Amounts in millions except for per share amounts) December 1, December 2, Quarter Ended 1994 1993 - ------------------------------------------------------------------------- PRIMARY Weighted average shares outstanding 102.0 100.5 Stock options using average market price 3.4 3.0 -------- -------- Total shares 105.4 103.5 ======== ======== Net income $ 159.3 $ 67.5 ======== ======== Per share amount $1.51 $0.65 ===== ===== FULLY DILUTED Weighted average shares outstanding 102.0 100.5 Stock options using greater of average or ending market price 3.6 3.0 -------- -------- Total shares 105.6 103.5 ======== ======== Net income $ 159.3 $ 67.5 ======== ======== Per share amount $1.51 $0.65 ===== ===== 13