EXHIBIT 11
Page 1 of 2
TII INDUSTRIES, INC AND SUBSIDIARIES
COMPUTATION OF PER SHARE EARNINGS
Three Months Year
Ended Ended
June 28, 1996 June 28, 1996
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PRIMARY EARNINGS PER SHARE
Weighted Average of Common Stock
Beginning of period (shares)
Common Stock outstanding 7,420,000 5,479,000
Class B Common Stock -- 370,000
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7,420,000 5,849,000
Issuance of common stock 4,000 1,262,000
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7,424,000 7,111,000
Common Stock Equivalents
Options and warrants 403,000 663,000
Preferred Stock
Preferred Stock, Series A
convertible at $6.25 -- 79,000
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7,827,000 7,853,000
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Primary Earnings Per Share Computation
Net profit $ 622,000 $3,737,000
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Adjusted Net profit / weighted average of common stock
$622,000/7,827,000 and $3,737,000/7,853,000 $0.08 $0.48
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Memo: Market price at end of period $6.88 $6.88
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Average market price for the period $6.90 $7.48
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EXHIBIT 11
page 2 of 2
TII INDUSTRIES, INC AND SUBSIDIARIES
COMPUTATION OF PER SHARE EARNINGS
Three Months Year
Ended Ended
June 28, 1996 June 28, 1996
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FULLY DILUTED EARNINGS PER SHARE
Weighted average of Common Stock outstanding 7,424,000 7,111,000
Incremental shares from options and warrants 403,000 689,000
Preferred stock conversion -- 79,000
OPIC loan 300,000 300,000
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8,127,000 8,179,000
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Fully Diluted Earnings Per Share Computation
Net profit $ 641,000 $3,812,000
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Adjusted net profit / weighted average of common stock
$641,000/8,127,000 and $3,812,000/8,179,000 $0.08 $0.47
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