EXHIBIT 11 3D SYSTEMS CORPORATION COMPUTATION OF PER SHARE EARNINGS PRIMARY AND FULLY DILUTED COMPUTATION Three Month Periods Ended Six Month Periods Ended ----------------------------------- ----------------------------------- June 30, 1995 June 28, 1996 June 30, 1995 June 28, 1996 -------------- --------------- -------------- --------------- PRIMARY EARNINGS PER SHARE Net income $ 1,410,533 $ 801,068 $ 2,741,528 $ 1,922,311 -------------- --------------- -------------- --------------- -------------- --------------- -------------- --------------- Applicable common and common stock equivalent shares: Weighted average number of shares of common stock outstanding during the period 9,280,156 11,317,456 9,218,525 11,302,352 Incremental number of shares outstanding during the period resulting from the assumed exercises of stock options and warrants 476,192 496,658 440,053 493,247 -------------- --------------- -------------- --------------- Weighted average number of shares of common stock and common stock equivalents during the period 9,756,348 11,814,114 9,658,578 11,795,599 -------------- --------------- -------------- --------------- -------------- --------------- -------------- --------------- Primary earning per share $ .14 $ .07 $ .28 $ .16 -------------- --------------- -------------- --------------- -------------- --------------- -------------- --------------- FULLY DILUTED EARNINGS PER SHARE Net income $ 1,410,533 $ 801,068 $ 2,741,528 $ 1,922,311 -------------- --------------- -------------- --------------- -------------- --------------- -------------- --------------- Applicable common and common stock equivalent shares: Weighted average number of shares of common stock outstanding during the period 9,280,156 11,317,456 9,218,525 11,302,352 Incremental number of shares outstanding during the period resulting from the assumed exercises of stock options and warrants 512,979 498,387 466,914 494,159 -------------- --------------- -------------- --------------- Weighted average number of shares of common stock and common stock equivalents outstanding during the period 9,793,135 11,815,843 9,685,439 11,796,511 -------------- --------------- -------------- --------------- -------------- --------------- -------------- --------------- Fully diluted earnings per share $ .14 $ .07 $ .28 $ .16 -------------- --------------- -------------- --------------- -------------- --------------- -------------- ---------------