ROHR, INC. AND SUBSIDIARIES --------------------------- CALCULATION OF PRIMARY NET INCOME PER SHARE ------------------------------------------- OF COMMON STOCK --------------- (in thousands except for earnings per share data) ------------------------------------------------- SECOND QUARTER ENDED SIX MONTHS ENDED -------------------- ------------------- JAN. 28, JAN. 29, JAN. 28, JAN. 29, 1996 1995 1996 1995 --------- -------- -------- -------- Net income from continuing operations $ 205 $ 3,252 $ 687 $ 4,621 Income from discontinued operations - net of taxes - 337 - 835 --------- -------- -------- -------- Net income applicable to primary earnings per common share $ 205 $ 3,589 $ 687 $ 5,456 ========= ======== ======== ======== Common stock and common stock equivalents: Average shares of common stock outstanding during the period 18,934 18,054 18,516 18,052 Net effect of common stock equivalents (principally stock options and rights) 558 34 574 61 --------- -------- -------- -------- Total common stock and common stock equivalents 19,492 18,088 19,090 18,113 ========= ======== ======== ======== Net income per average share of common stock: Net income from continuing operations $ 0.01 $ 0.18 $ 0.04 $ 0.26 Income from discontinued operations - net of taxes - 0.02 - 0.04 --------- -------- -------- -------- Primary net income per share $ 0.01 $ 0.20 $ 0.04 $ 0.30 ========= ======== ======== ======== EXHIBIT 11.1 Page 15