EXHIBIT 11.1 - STATEMENT RE: COMPUTATION OF NET INCOME PER SHARE LITTELFUSE, INC. AND SUBSIDIARIES (in thousands, except net income per share) Year Ended December 28, December 31, 1996 1995 1994 Primary Weighted average shares outstanding 9,944 10,104 10,048 Net effect of dilutive stock options and warrants - based on the treasury stock method using the average market price 2,066 2,361 2,136 12,010 12,465 12,184 Net income $21,735 $19,272 $15,227 Net income per share $ 1.81 $ 1.55 $ 1.25 Fully Diluted Weighted average shares outstanding 9,944 10,104 10,048 Net effect of dilutive stock options and warrants - based on the treasury stock method using the year-end market price, if higher than average market price 2,213 2,494 2,343 Fully diluted average shares outstanding 12,157 12,598 12,391 Net income $21,735 $19,272 $15,227 Net income per share $ 1.79 $ 1 .53 $ 1.23