EXHIBIT 11.1
ROHR, INC. AND SUBSIDIARIES
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CALCULATION OF PRIMARY NET INCOME PER SHARE
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OF COMMON STOCK
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(in thousands except for earnings per share data)
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THIRD QUARTER ENDED NINE MONTHS ENDED
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APRIL 28, APRIL 30, APRIL 28, APRIL 30,
1996 1995 1996 1995
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Net income from continuing operations $ 4,130 $ 2,573 $ 4,817 $ 7,194
Income from discontinued operations -
net of taxes - 87 - 922
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Net income applicable to primary
earnings per common share $ 4,130 $ 2,660 $ 4,817 $ 8,116
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Common stock and common stock
equivalents:
Average shares of common stock
outstanding during the period 21,635 18,057 19,560 18,054
Net effect of common stock equivalents
(principally stock options and rights) 677 141 608 87
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Total common stock and common stock
equivalents 22,312 18,198 20,168 18,141
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Net income per average share of common stock:
Net income from continuing operations $ 0.19 $ 0.14 $ 0.24 $ 0.40
Income from discontinued operations -
net of taxes - 0.01 - 0.05
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Primary net income per share $ 0.19 $ 0.15 $ 0.24 $ 0.45
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