ROHR, INC. AND SUBSIDIARIES
---------------------------
CALCULATION OF PRIMARY NET INCOME PER SHARE
-------------------------------------------
OF COMMON STOCK
---------------
(in thousands except for share data)
------------------------------------
FIRST QUARTER ENDED
-------------------
OCT. 30, OCT. 31,
1994 1993
--------- --------
Net income from continuing operations $ 1,370 $ 5,761
Income from discontinued operations,
net of taxes 497 302
------- -------
Net income applicable to primary
earnings per common share $ 1,867 $ 6,063
======= =======
Common stock and common stock
equivalents:
Average shares of common stock
outstanding during the period 18,051 18,004
Net effect of common stock equivalents
(principally stock options and rights) 87 -
------- -------
Total common stock and common stock
equivalents 18,138 18,004
======= =======
Net income per average share of common stock:
Net income from continuing operations $ 0.08 $ 0.32
Income from discontinued operations,
net of taxes 0.02 0.02
------- -------
Primary net income per share $ 0.10 $ 0.34
======= =======
EXHIBIT 11.1