EXHIBIT 11.0
MEASUREX CORPORATION
COMPUTATION OF NET INCOME PER SHARE
(Unaudited)
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(Dollar amounts in thousands except per share data)
Three Months Ended Six Months Ended
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June 4, May 29, June 4, May 29,
1995 1994 1995 1994
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Primary:
Average shares outstanding 16,621 17,918 16,736 17,902
Net effect of dilutive stock options
based on the treasury stock method
using average market price 678 122 579 193
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Average common and common
equivalent shares outstanding 17,299 18,040 17,315 18,095
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Income before cumulative effect of
accounting change $ 5,224 $ 1,778 $ 8,705 $ 3,966
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Net income $ 5,224 $ 1,778 $ 8,705 $ 4,490
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Income per share before cumulative effect
of accounting change $ .30 $ .10 $ .50 $ .22
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Net income per share $ .30 $ .10 $ .50 $ .25
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Fully diluted: (Note A)
Average shares outstanding 16,620 17,918 16,639 17,902
Net effect of dilutive stock options
based on the treasury stock method
using quarter-end market price or
average market price when greater
than quarter-end price 739 122 760 199
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Average common and common
equivalent shares outstanding 17,359 18,040 17,399 18,101
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Income before cumulative effect of
accounting change $ 5,224 $ 1,778 $ 8,705 $ 3,966
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Net Income $ 5,224 $ 1,778 $ 8,705 $ 4,490
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Income per share before cumulative effect
of accounting change $ .30 $ .10 $ .50 $ .22
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Net income per share $ .30 $ .10 $ .50 $ .25
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Note A: Fully diluted earnings per share have been calculated in accordance
with Accounting
Principles Board Opinion No. 15, "Earnings Per Share".
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