EXIDE ELECTRONICS GROUP, INC.
STATEMENT OF COMPUTATION OF PER SHARE EARNINGS
(in thousands, except per share data)
EXHIBIT 11
PRIMARY
Three Months Ended Nine Months Ended
June 30, June 30,
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1995 1994 1995 1994
---- ---- ---- ----
Net income $ 4,093 $ 3,176 $ 3,768 $ 5,585
Preferred stock dividends 197 197 592 593
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Net income applicable to common shareholders $ 3,896 $ 2,979 $ 3,176 $ 4,992
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Net income per common and equivalent share $ 0.49 $ 0.38 $ 0.40 $ 0.64
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Primary Share Base:
Weighted average number of common shares
outstanding 7,773 7,683 7,742 7,648
Weighted average number of common
stock equivalents 130 163 103 155
--- --- --- ---
Weighted average number of common and
equivalent shares outstanding 7,903 7,846 7,845 7,803
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FULLY DILUTED (1)
Three Months Ended Nine Months Ended
June 30, June 30,
------------------ -----------------
1995 1994 1995 1994
---- ---- ---- ----
Net income $ 4,093 $ 3,176 $ 3,768 $ 5,585
Add interest on convertible notes, net of taxes 201 193 591 605
--- --- --- ---
Net income applicable to common shareholders $ 4,294 $ 3,369 $ 4,359 $ 6,190
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Income per common and equivalent share $ 0.44 $ 0.35 $ 0.45 $ 0.65
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Fully Diluted Share Base:
Number of common shares outstanding,
end of period 7,777 7,698 7,776 7,698
Assumed conversion of preferred stock and
convertible notes 1,743 1,743 1,743 1,743
Weighted average number of common
stock equivalents 249 153 256 143
--- --- --- ---
Weighted average number of common and
equivalent shares outstanding 9,769 9,594 9,775 9,584
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<FN>
(1) This calculation is submitted in accordance with Regulation S-K item 601 (b)(11), although
it is contrary to APB Opinion No. 15 because it includes the conversion of all convertible
securities, even though the conversion of certain of these securities produces an anti-dilutive
effect on fully diluted earnings per share.
</FN>