EXHIBIT 11 DATA I/O CORPORATION COMPUTATION OF EARNINGS PER SHARE Earnings per share reported in Form 10-Q for the quarters ended March 27, 1997, and March 28, 1996 are based on the following (in thousands): Mar. 27, Mar. 28, Primary and fully diluted: 1997 1996 -------------------------- -------- -------- Weighted Average Shares Outstanding 6,817 7,053 Dilutive Effect of Stock Options 97 272 --------- -------- Weighted Average Common and Equivalent Shares Outstanding 6,914 7,325 --------- -------- --------- -------- Page 16