EXHIBIT 11 DATA I/O CORPORATION COMPUTATION OF EARNINGS PER SHARE Earnings per share reported in Form 10-Q for the quarters ended March 30, 1995, and March 31, 1994 are based on the following (In thousands): PRIMARY AND FULLY DILUTED: 1995 1994 - ------------------------------------------ ------------ ------------ Weighted Average Shares Outstanding 7,473 7,300 Dilutive Effect of Stock Options 290 0 ------------ ------------ Weighted Average Common and Equivalent Shares Outstanding 7,763 7,300 ------------ ------------ ------------ ------------