1 EXHIBIT 11 FURON COMPANY Computation of Net Income Per Share April 30, May 1, Three months ended 1994 1993 ------------------------------------------------------------------------------ PRIMARY NET INCOME PER SHARE Earnings Net income $2,414,000 $1,757,000 ========== ========== Shares Weighted average number of common shares outstanding 8,655,000 8,595,000 Shares issuable from assumed exercise of stock options 286,000 324,000 ---------- ---------- Average shares as adjusted 8,941,000 8,919,000 ---------- ---------- Primary net income per share $ .27 $ .20 ========== ========== FULLY DILUTED NET INCOME PER SHARE Earnings Net income $2,414,000 $1,757,000 ========== ========== Shares Weighted average number of common shares outstanding 8,655,000 8,595,000 Shares issuable from assumed exercise of stock options 286,000 324,000 ---------- ---------- Average shares as adjusted for full dilution 8,941,000 8,919,000 ========== ========== Fully diluted net income per share $ .27 $ .20 ========== ========== 28