EXIDE ELECTRONICS GROUP, INC. STATEMENT OF COMPUTATION OF PER SHARE EARNINGS (in thousands, except per share data) EXHIBIT 11 PRIMARY Three Months Ended December 31, ------------------ 1995 1994 ---- ---- Net income $ 413 $ 2,249 Preferred stock dividends - 198 --- --- Net income applicable to common shareholders $ 413 $ 2,051 ======= ======= Net income per common and equivalent share $ 0.04 $ 0.26 ======= ======= Primary Share Base: Weighted average number of common shares outstanding 9,091 7,677 Weighted average number of common stock equivalents 120 105 --- --- Weighted average number of common and equivalent shares outstanding 9,211 7,782 ===== ===== FULLY DILUTED Three Months Ended December 31, ------------------ 1995 1994 ---- ---- Net income $ 413 $ 2,249 Add interest on convertible notes, net of taxes - 192 --- --- Net income applicable to common shareholders $ 413 $ 2,441 ======= ======= Income per common and equivalent share $ 0.04 $ 0.25 ======= ======= Fully Diluted Share Base: Number of common shares outstanding, end of period 9,380 7,735 Assumed conversion of preferred stock and convertible notes - 1,743 Weighted average number of common stock equivalents 120 123 --- --- Weighted average number of common and equivalent shares outstanding 9,500 9,601 ===== =====