EXHIBIT 11
CHARTER POWER SYSTEMS, INC. AND SUBSIDIARIES
EARNINGS PER SHARE COMPUTATIONS
(Dollars and shares in thousands)
(Unaudited) (Unaudited)
Three months ended Nine Months ended
October 31, October 31,
1995 1994 1995 1994
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NET INCOME $3,896 $2,751 $11,001 $6,929
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Weighted average number of
common shares outstanding 5,955 5,942 5,967 5,889
Effect of shares issuable
under stock option plan 488 320 457 273
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WEIGHTED AVERAGE NUMBER OF
SHARES OUTSTANDING
(PRIMARY) 6,443 6,262 6,424 6,162
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NET INCOME PER COMMON AND
COMMON EQUIVALENT SHARE
(PRIMARY) $ .60 $ .44 $ 1.71 $ 1.12
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Weighted average number of
common shares outstanding 5,955 5,942 5,967 5,889
Effect of shares issuable
under stock option plan 488 372 461 315
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WEIGHTED AVERAGE NUMBER OF
SHARES OUTSTANDING
(FULLY DILUTED) 6,443 6,314 6,428 6,204
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NET INCOME PER COMMON AND
COMMON EQUIVALENT SHARE
(FULLY DILUTED) $ .60 $ .44 $ 1.71 $ 1.12
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