EXHIBIT 11.1
GENUS, INC.
COMPUTATION OF EARNINGS PER COMMON
AND COMMON EQUIVALENT SHARE (A)
(IN THOUSANDS)
YEAR ENDED DECEMBER 31,
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1995 1994 1993
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Average common shares outstanding.............................................. 15,334 12,545 12,170
Computation of incremental outstanding shares
Net effect of dilutive stock options based on treasury stock method.......... 729 561 --
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16,063 13,106 12,170
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Net income (loss).............................................................. $ 19,282 $ 4,177 $ (6,883)
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Earnings (loss) per share (b).................................................. $ 1.20 $ 0.32 $ (0.57)
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(a) See Note 1 of Notes to Consolidated Financial Statements.
(b) Primary and fully diluted earnings per share are materially the same for all
years presented.
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SCHEDULE II
GENUS, INC.
VALUATION AND QUALIFYING ACCOUNTS
FOR THE YEARS ENDED DECEMBER 31, 1995, 1994 AND 1993
(IN THOUSANDS)
COLUMN B COLUMN C COLUMN E
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COLUMN A BALANCE AT CHARGED TO COLUMN D BALANCE
- ----------------------------------------------------------------- BEGINNING COSTS AND ---------- AT END
DESCRIPTION OF PERIOD EXPENSES DEDUCTIONS OF PERIOD
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1995
Allowance for doubtful accounts.................................. $ 250 $ -- $ -- $ 250
Inventory reserves............................................... 2,665 995 389 3,271
Product warranty and installation accruals....................... 2,394 3,640 1,716 4,318
1994
Allowance for doubtful accounts.................................. 250 0 0 250
Inventory reserves............................................... 3,250 947 (1,533) 2,665
Product warranty and installation accruals....................... 2,042 2,094 (1,742) 2,394
1993
Allowance for doubtful accounts.................................. 270 475 (495) 250
Inventory reserves............................................... 4,766 1,419 (2,935) 3,250
Product warranty and installation accruals....................... 1,737 1,381 (1,076) 2,042
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