EXHIBIT 11 IN FOCUS SYSTEMS, INC. CALCULATIONS OF NET INCOME PER SHARE Three Months Ended June 30, ---------------------------------------------------------- 1997 1996 ---------------------------- ---------------------------- Primary Fully Diluted Primary Fully Diluted ---------------------------- ---------------------------- Weighted Average Shares Outstanding for the Period 10,795,428 10,795,428 11,088,698 11,088,698 Dilutive Common Stock Options Using the Treasury Stock Method 255,056 391,990 - - ---------------------------- ---------------------------- Total Shares Used for Per Share Calculations 11,050,484 11,187,418 11,088,698 11,088,698 ---------------------------- ---------------------------- ---------------------------- ---------------------------- Net Income (Loss) $ 4,849,000 $ 4,849,000 $(1,148,000) $(1,148,000) ---------------------------- ---------------------------- ---------------------------- ---------------------------- Net Income (Loss) Per Share $ 0.44 $ 0.43 $ (0.10) $ (0.10) ---------------------------- ---------------------------- ---------------------------- ---------------------------- Six Months Ended June 30, ---------------------------------------------------------- 1997 1996 ---------------------------- ---------------------------- Primary Fully Diluted Primary Fully Diluted ---------------------------- ---------------------------- Weighted Average Shares Outstanding for the Period 10,769,596 10,769,596 11,021,171 11,021,171 Dilutive Common Stock Options Using the Treasury Stock Method 287,135 396,424 618,332 624,212 ---------------------------- ---------------------------- Total Shares Used for Per Share Calculations 11,056,731 11,166,020 11,639,503 11,645,383 ---------------------------- ---------------------------- ---------------------------- ---------------------------- Net Income (Loss) $ 9,249,000 $ 9,249,000 $ 5,843,000 $ 5,843,000 ---------------------------- ---------------------------- ---------------------------- ---------------------------- Net Income (Loss) Per Share $ 0.84 $ 0.83 $ 0.50 $ 0.50 ---------------------------- ---------------------------- ---------------------------- ----------------------------