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
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March 3, March 5,
1996 1995
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Primary:
Average shares outstanding 15,712 16,818
Net effect of dilutive stock options
based on the treasury stock method
using average market price 678 513
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Average common and common
equivalent shares outstanding 16,390 17,331
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Net income $ 7,871 $ 3,481
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Net income per share $ .48 $ .20
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Fully diluted: (Note A)
Average shares outstanding 15,712 16,818
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 681 620
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Average common and common
equivalent shares outstanding 16,393 18,438
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Net Income $ 7,871 $ 3,481
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Net income per share $ .48 $ .20
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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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