KRONOS INCORPORATED Exhibit 11 - Statement re: Computation of Per Share Earnings (In thousands, except share data) Three Months Ended Nine Months Ended ----------------------- ----------------------- June 28, June 29, June 28, June 29, 1997 1996 1997 1996 ---------- ---------- ---------- ---------- Net income .................................. $ 2,533 $ 2,954 $ 6,498 $ 7,470 ========== ========== ========== ========== Net income per common share: Primary: Weighted average shares outstanding 8,211,414 8,076,878 8,175,900 8,015,612 Common Stock equivalents .......... 189,357 274,541 228,017 301,915 ---------- ---------- ---------- ---------- Total ............................. 8,400,771 8,351,419 8,403,917 8,317,527 ========== ========== ========== ========== Net income per common share ....... $ 0.30 $ 0.35 $ 0.77 $ 0.90 ========== ========== ========== ========== Fully diluted: Weighted average shares outstanding 8,211,414 8,076,878 8,175,900 8,015,612 Common Stock equivalents .......... 189,373 303,481 236,687 316,424 ---------- ---------- ---------- ---------- Total ............................. 8,400,787 8,380,359 8,412,587 8,332,036 ========== ========== ========== ========== Net income per common share ....... $ 0.30 $ 0.35 $ 0.77 $ 0.90 ========== ========== ========== ==========