EXHIBIT 11
QMS, INC. AND SUBSIDIARIES
STATEMENT RE COMPUTATION OF PER SHARE EARNINGS (LOSS)
(in thousands, except
per share amounts) October 3, September 27, September 29,
1997 1996 1995
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Net Income (Loss) $(26,122) $4,253 $(44,286)
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Shares used in this computation:
Weighted average common shares
outstanding 10,696 10,678 10,677
Shares applicable to stock options, net
of shares assumed to be purchased
from proceeds at average market 0 44 0
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Total shares for earnings per common
share computation (primary) 10,696 10,722 10,677
Shares applicable to stock options in
addition to those used in primary
computation due to the use of period-
end market price when higher than
average 0 33 0
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Total fully diluted shares 10,696 10,755 10,677
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Earnings (loss) per common share
Primary:
Net income (loss) ($2.44) $ 0.40 ($4.15)
Fully Diluted:
Net income (loss) ($2.44) $ 0.40 ($4.15)
Weighted average number of shares
used in computing earnings per share:
Primary 10,696 10,722 10,677
Fully diluted 10,696 10,755 10,677