KRONOS INCORPORATED
Exhibit 11 - Statement re: Computation of Per Share Earnings
(In thousands, except share data)
Three Months Ended Six Months Ended
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March 29, March 30, March 29, March 30,
1997 1996 1997 1996
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Net income .................................. $ 1,779 $ 2,365 $ 3,965 $ 4,516
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Net income per common share:
Primary:
Weighted average shares outstanding 8,185,134 8,019,061 8,158,144 7,984,979
Common Stock equivalents .......... 254,482 300,439 247,348 315,601
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Total ............................. 8,439,616 8,319,500 8,405,492 8,300,580
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Net income per common share ....... $ 0.21 $ 0.28 $ 0.47 $ 0.54
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Fully diluted:
Weighted average shares outstanding 8,185,134 8,019,061 8,158,144 7,984,979
Common Stock equivalents .......... 254,493 300,439 260,345 315,601
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Total ............................. 8,439,627 8,319,500 8,418,489 8,300,580
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Net income per common share ....... $ 0.21 $ 0.28 $ 0.47 $ 0.54
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