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Exhibit 11.1
RESOUND CORPORATION
STATEMENT OF COMPUTATION OF NET INCOME (LOSS) PER SHARE
(in thousands except per share data)
Three months ended Nine months ended
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September 30,October 1, September 30,October 1,
1996 1995 1996 1995
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Net income (loss) .................................................... $ 1,141 $ (6,183) $ 2,333 $ (5,671)
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Average common shares outstanding (1) ................................ 19,336 15,484 16,977 15,406
Net effect of dilutive stock options (based on treasury stock method), 145 -- 489 --
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Total shares for primary and fully diluted net income per share ...... 19,481 15,484 17,466 15,406
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Net income (loss) per share (2) ...................................... $ 0.06 $ (0.40) $ 0.13 $ (0.37)
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Notes:
(1) Actual shares issued and outstanding as of September 30, 1996 were
19,360,472.
(2) Fully diluted amounts do not differ materially.