Exhibit 11
SCIENTIFIC-ATLANTA, INC., AND SUBSIDIARIES
COMPUTATION OF EARNINGS PER SHARE
(IN THOUSANDS, EXCEPT PER SHARE DATA)
(UNAUDITED)
Three Months Ended Nine Months Ended
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March 28, March 29, March 28, March 29,
1997 1996 1997 1996
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WEIGHTED AVERAGE NUMBER OF
COMMON SHARES OUTSTANDING 77,345 76,464 77,226 76,621
Add - Additional shares of common stock assumed
issued upon exercise of options using the "treasury stock"
method as it applies to the computation of primary
earnings per share 914 -- 719 --
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NUMBER OF COMMON AND COMMON
EQUIVALENT SHARES OUTSTANDING 78,259 76,464 77,945 76,621
Add - Additional shares of common stock assumed
issued upon exercise of options using the "treasury
stock" method as it applies to the computation of
fully diluted earnings per share -- -- 183 --
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NUMBER OF SHARES OUTSTANDING
ASSUMING FULL DILUTION 78,259 76,464 78,128 76,621
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NET EARNINGS (LOSS) FOR PRIMARY
AND FULLY DILUTED COMPUTATION
Continuing Operations $ 16,461 $ 11,525 $ 41,023 $ 22,212
Discontinued Operations -- -- 3,400 (13,210)
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Net Earnings $ 16,461 $ 11,525 $ 44,423 $ 9,002
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EARNINGS (LOSS) PER COMMON SHARE
AND COMMON EQUIVALENT SHARE
PRIMARY
Continuing Operations $ 0.21 $ 0.15 $ 0.53 $ 0.29
Discontinued Operations -- $ -- $ 0.04 $ (0.17)
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Net Earnings $ 0.21 $ 0.15 $ 0.57 $ 0.12
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FULLY DILUTED
Continuing Operations $ 0.21 $ 0.15 $ 0.53 $ 0.29
Discontinued Operations -- -- 0.04 (0.17)
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Net Earnings $ 0.21 $ 0.15 $ 0.57 $ 0.12
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Note: In the three and nine months ended March 29, 1996, the dilutive effect of
equivalent shares derived from stock options was less than 3 percent and
therefore, the equivalent shares were not included in the computation of
earnings per share.