EXHIBIT 11
QMS, INC. AND SUBSIDIARIES
STATEMENT RE COMPUTATION OF PER SHARE EARNINGS (LOSS)


 
 


(in thousands, except per share amounts)        October 2,           October 3,        September 27,
                                                   1998                 1997               1996
                                                -----------          ----------        -------------
                                                                              
Net Income (Loss)                                $  1,825            $(26,122)           $  4,253
                                                 ========            ========            ========
 
Shares used in this computation:
 Weighted average common shares
  outstanding (basic)                              10,697              10,696              10,681
 
 Shares applicable to stock options, net
  of shares assumed to be purchased
  from proceeds at average market                     190                   0                  41
                                                 --------            --------            --------
 
Total diluted shares                               10,887              10,696              10,722
                                                 ========            ========            ========
 
 
Earnings (loss) per common share,
 Basic and diluted:
  Net income (loss)                               $  0.17              ($2.44)            $  0.40
 
 Weighted average number of shares
 used in computing earnings per share:
  Basic                                            10,697              10,696              10,681
  Diluted                                          10,887              10,696              10,722