EXHIBIT 11 CONMED Corporation Computation of Weighted Average Number of Shares of Common Stock Year Ended December, (in thousands) 1998 1999 2000 ------ ------ ------ Shares outstanding at beginning of period (net of 25,000 shares held in treasury) .......... 15,037 15,158 15,279 Weighted average shares issued ...................... 48 83 32 ------ ------ ------ Shares used in the calculation of basic EPS (weighted average shares outstanding) ........... 15,085 15,241 15,311 Effect of dilutive potential securities ............. 236 189 203 ------ ------ ------ Shares used in the calculation of diluted EPS ....... 15,321 15,430 15,514 ====== ====== ======