Exhibit 11 THE GENLYTE GROUP INCORPORATED CALCULATION OF PRIMARY AND FULLY DILUTED EARNINGS PER SHARE FOR THE THREE MONTHS ENDED SEPTEMBER 30, 1995 AND OCTOBER 1, 1994 (000s OMITTED, EXCEPT PER SHARE DATA) (Unaudited) 1995 1994 ------- ------- PRIMARY EARNINGS PER SHARE: Net Income $ 2,169 $ 1,475 Average Common Shares Outstanding 12,732 12,732 Common Shares Issuable in respect to Common Stock Equivalents, with a Dilutive Effect 85 8 Total Common and Common Equivalent Shares 12,817 12,740 Primary Earnings per Share $.17 $.12 1995 1994 FULLY DILUTED EARNINGS PER SHARE: Net Income Applicable to Common Stock and Common Stock Equivalents $ 2,169 $ 1,475 Total Common and Common Equivalent Shares 12,732 12,736 Additional Common Shares Assuming Full Dilution 99 15 Total Common Shares Assuming Full Dilution 12,831 12,751 Fully Diluted Earnings Per Share $.17 $.12 Exhibit 11 THE GENLYTE GROUP INCORPORATED CALCULATION OF PRIMARY AND FULLY DILUTED EARNINGS PER SHARE FOR THE NINE MONTHS ENDED SEPTEMBER 30, 1995 AND OCTOBER 1, 1994 (000s OMITTED, EXCEPT PER SHARE DATA) (Unaudited) 1995 1994 ------- ------- PRIMARY EARNINGS PER SHARE: Net Income $ 5,702 $ 4,317 Average Common Shares Outstanding 12,732 12,732 Common Shares Issuable in respect to Common Stock Equivalents, with a Dilutive Effect 38 3 Total Common and Common Equivalent Shares 12,770 12,735 Primary Earnings per Share $.45 $.34 1995 1994 FULLY DILUTED EARNINGS PER SHARE: Net Income Applicable to Common Stock and Common Stock Equivalents $ 5,702 $ 4,317 Total Common and Common Equivalent Shares 12,732 12,814 Additional Common Shares Assuming Full Dilution 61 16 Total Common Shares Assuming Full Dilution 12,793 12,830 Fully Diluted Earnings Per Share $.45 $.34