EXHIBIT - 11
CINCINNATI MILACRON INC. AND SUBSIDIARIES
COMPUTATION OF PER-SHARE EARNINGS
(In thousands, except per-share amounts)
1995 1994 1993
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Net earnings (loss). . . . . . . . . . $105,644 $ 37,711 $(101,930)
Less preferred dividends . . . . . . . 240 240 240
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Net earnings (loss) available
to common shareholders . . . . . . $105,404 $ 37,471 $(102,170)
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Primary
Average number of shares
outstanding. . . . . . . . . . . . 34,009 33,641 31,536
Add dilutive effect of stock
options based on treasury
stock method . . . . . . . . . . 614 421 812
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Total. . . . . . . . . . . . . . 34,623 34,062 32,348
Per share amount . . . . . . . $ 3.04 $ 1.10 $ (3.16)
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Fully diluted (a)
Average number of shares
outstanding. . . . . . . . . . . . 34,009 33,641
Add dilutive effect of stock
options based on treasury
stock method . . . . . . . . . . 644 470
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Total. . . . . . . . . . . . . . 34,653 34,111
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Per share amount . . . . . . . $ 3.04 $ 1.10
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(a) Fully diluted earnings per common share is not presented for 1993 because
the effect would be anti-dilutive.