1 EXHIBIT 11 FURON COMPANY Computation of Net Income Per Share Three months ended -------------------------------- May 4, April 29, 1996 1995 - ---------------------------------------------------------------------------------- PRIMARY INCOME PER SHARE Earnings: Net income $4,558,000 $3,355,000 ========== ========== Shares: Weighted average number of common shares outstanding 8,862,000 8,831,000 Shares issuable from assumed exercise of stock options 218,000 251,000 ---------- ---------- Average shares as adjusted 9,080,000 9,082,000 ========== ========== Primary income per share $ 0.50 $ 0.37 ========== ========== FULLY DILUTED INCOME PER SHARE Earnings: Net income $4,558,000 $3,355,000 ========== ========== Shares: Weighted average number of common shares outstanding 8,862,000 8,831,000 Shares issuable from assumed exercise of stock options 252,000 251,000 ---------- ---------- Average shares as adjusted for full dilution 9,114,000 9,082,000 =========== ========== Fully diluted income per share $ 0.50 $ 0.37 =========== ========== 16