KRONOS INCORPORATED Exhibit 11 - Statement re Computation of Per Share Earnings (In thousands, except share and per share amounts) Three Months Ended Six Months Ended ----------------------- ----------------------- March 30, April 1, March 30, April 1, 1996 1995 1996 1995 ---------- ---------- ---------- ---------- Net income .................................. $ 2,365 $ 1,572 $ 4,516 $ 2,677 ========== ========== ========== ========== Net income per common share: Primary: Weighted average shares outstanding 8,019,061 7,796,088 7,984,979 7,763,423 Common Stock equivalents .......... 300,439 304,532 315,601 291,404 ---------- ---------- ---------- ---------- Total ............................. 8,319,500 8,100,620 8,300,580 8,054,826 ========== ========== ========== ========== Net income per common share ....... $ 0.28 $ 0.19 $ 0.54 $ 0.33 ========== ========== ========== ========== Fully diluted: Weighted average shares outstanding 8,019,061 7,796,088 7,984,979 7,763,423 Common Stock equivalents .......... 300,439 312,395 315,601 312,806 ---------- ---------- ---------- ---------- Total ............................. 8,319,500 8,108,483 8,300,580 8,076,228 ========== ========== ========== ========== Net income per common share ....... $ 0.28 $ 0.19 $ 0.54 $ 0.33 ========== ========== ========== ==========