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EXHIBIT 11.1
LAM RESEARCH CORPORATION
STATEMENT RE: COMPUTATION OF EARNINGS (LOSS) PER SHARE
(Unaudited)
Three Months Ended
(In thousands except per share data)
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September 30, September 30,
1997 1996
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Fully Fully
Primary Diluted Primary Diluted
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Net income (loss) $(12,172) $(12,172) $11,748 $11,748
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$(12,172) $(12,172) $11,748 $11,748
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Average shares outstanding 37,600 37,600 36,525 36,525
Net effect of dilutive
stock options 856 856
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37,600 37,600 37,381 37,381
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Net income (loss) per share $ (0.32) $ (0.32) $ 0.31 $ 0.31
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Amounts presented above applicable to prior periods have been restated to
reflect the Company's merger with OnTrak accounted for as a pooling of
interests.