EXHIBIT 11 CONMED Corporation Computation of Weighted Average Number of Shares of Common Stock Year Ended December, (in thousands) 1997 1998 1999 ------ ------ ------ Shares outstanding at beginning of period ..... 14,989 15,062 15,183 Weighted average shares issued ................ 8 23 58 ------ ------ ------ Shares used in the calculation of basic EPS (weighted average shares outstanding) .... 14,997 15,085 15,241 Effect of dilutive potential securities ....... -- 236 189 ------ ------ ------ Shares used in the calculation of diluted EPS . 14,997 15,321 15,430 ====== ====== ======