1
EXHIBIT 11
FURON COMPANY
COMPUTATION OF NET INCOME PER SHARE
YEARS ENDED
---------------------------------------------------------
FEBRUARY 3, JANUARY 28, JANUARY 29,
1996 1995 1994
---------------------------------------------------------
PRIMARY INCOME PER SHARE
Earnings
Net income $ 13,169,000 $ 11,438,000 $ 8,170,000
============== ============== ============
Shares
Weighted average number of common
shares outstanding 8,821,297 8,674,135 8,615,289
Shares issuable from assumed exercise
of stock options 218,965 318,791 243,911
--------------- -------------- ------------
Average shares as adjusted 9,040,262 8,992,926 8,859,200
============== ============== ============
Primary income per share $ 1.46 $ 1.27 $ 0.92
============== ============== ============
FULLY DILUTED INCOME PER SHARE
Earnings
Net income $ 13,169,000 $ 11,438,000 $ 8,170,000
============== ============== ============
Shares
Weighted average number of common
shares outstanding 8,821,297 8,674,135 8,615,289
Shares issuable from assumed exercise
of stock options 220,961 443,300 243,911
--------------- -------------- ------------
Average shares as adjusted
for full dilution 9,042,258 9,117,435 8,859,200
============== ============== ============
Fully diluted income per share $ 1.46 $ 1.25 $ 0.92
============== ============== ============
50