KRONOS INCORPORATED Exhibit 11 - Statement re Computation of Per Share Earnings (In thousands, except share and per share amounts) Three Months Ended Nine Months Ended ----------------------- ----------------------- June 29, July 1, June 29, July 1, 1996 1995 1996 1995 ---------- ---------- ---------- ---------- Net income .................................. $ 2,954 $ 2,278 $ 7,470 $ 4,955 ========== ========== ========== ========== Net income per common share: Primary: Weighted average shares outstanding 8,076,878 7,855,761 8,015,612 7,794,203 Common Stock equivalents .......... 274,541 308,303 301,915 297,036 ---------- ---------- ---------- ---------- Total ............................. 8,351,419 8,164,064 8,317,527 8,091,239 ========== ========== ========== ========== Net income per common share ....... $ 0.35 $ 0.28 $ 0.90 $ 0.61 ========== ========== ========== ========== Fully diluted: Weighted average shares outstanding 8,076,878 7,855,761 8,015,612 7,794,203 Common Stock equivalents .......... 303,481 340,568 316,424 322,059 ---------- ---------- ---------- ---------- Total ............................. 8,380,359 8,196,329 8,332,036 8,116,262 ========== ========== ========== ========== Net income per common share ....... $ 0.35 $ 0.28 $ 0.90 $ 0.61 ========== ========== ========== ==========