EXHIBIT 11
MICRO COMPONENT TECHNOLOGY, INC.
FORM 10-K
COMPUTATION OF EARNINGS PER COMMON AND
COMMON EQUIVALENT SHARE
(IN THOUSANDS, EXCEPT PER SHARE DATA)
June 24, June 29, June 28,
1995 1996 1997
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PRIMARY
Income (loss) from continuing operations $ 1,566 $2,568 $(1,563)
Income (loss) from discontinued operations (3,897) 652 --
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Income (loss) before extraordinary item (2,331) 3,220 (1,563)
Extraordinary item 1,005 -- --
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Net income (loss) $(1,326) $3,220 $(1,563)
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Weighted average number of common shares outstanding
during the period 4,924 6,513 7,030
Shares issuable on exercise of stock options and warrants
less shares repurchaseable from the proceeds -- 417 --
Shares issuable on conversion of redeemable preferred
stock 316 316 --
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Common and common equivalent shares - primary 5,240 7,246 7,030
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Income (loss) per share from continuing operations $ 0.30 $ 0.35 $ (0.22)
Income (loss) per share from discontinued operations (0.74) 0.09 --
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Income (loss) per share before extraordinary item (0.44) 0.44 (0.22)
Extraordinary item per share 0.19 -- --
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Net income (loss) per share - primary $ (0.25) $ 0.44 $ (0.22)
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FULLY DILUTED
Income (loss) from continuing operations $ 1,566 $2,568 $(1,563)
Income (loss) from discontinued operations (3,897) 652 --
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Income (loss) before extraordinary item (2,331) 3,220 (1,563)
Extraordinary item 1,005 -- --
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Net income (loss) $(1,326) $3,220 $(1,563)
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Common and common equivalent shares - fully diluted 5,240 7,246 7,030
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Income (loss) per share from continuing operations $ 0.30 $ 0.35 $ (0.22)
Income (loss) per share from discontinued operations (0.74) 0.09 --
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Income (loss) per share before extraordinary item (0.44) 0.44 (0.22)
Extraordinary item per share 0.19 -- --
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Net income (loss) per share - fully diluted $ (0.25) $ 0.44 $ (0.22)
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