1 EXHIBIT 11 FURON COMPANY Computation of Net Income Per Share April 29, April 30, Three months ended 1995 1994 - ------------------------------------------------------------------------------ PRIMARY INCOME PER SHARE Earnings Net income $3,355,000 $2,414,000 ========== ========== Shares Weighted average number of common shares outstanding 8,831,000 8,655,000 Shares issuable from assumed exercise of stock options 251,000 286,000 ---------- ---------- Average shares as adjusted 9,082,000 8,941,000 ========== ========== Primary income per share $ .37 $ .27 ========== ========== FULLY DILUTED INCOME PER SHARE Earnings Net income $3,355,000 $2,414,000 ========== ========== Shares Weighted average number of common shares outstanding 8,831,000 8,655,000 Shares issuable from assumed exercise of stock options 251,000 286,000 ---------- ---------- Average shares as adjusted for full dilution 9,082,000 8,941,000 ========== ========== Fully diluted income per share $ .37 $ .27 ========== ========== 15