1 EXHIBIT 11.1 TYLAN GENERAL. INC. STATEMENT RE COMPUTATION OF PER SHARE EARNINGS (AMOUNTS IN THOUSANDS, EXCEPT PER SHARE DATA) THREE MONTHS ENDED NINE MONTHS ENDED ------------------------ ----------------------- JULY 28, JULY 30, JULY 28, JULY 30, 1996 1995 1996 1995 ---------- ---------- ---------- ---------- Income (loss) before extraordinary item.............. $(1,473) $ 2,028 $ 988 $ 4,414 Extraordinary item, net of income tax benefit........ (224) (224) (695) ------- ------- ------- ------- Net income (loss).................................... $(1,697) $ 2,028 $ 764 $ 3,719 ======= ======= ======= ======= PRIMARY EARNINGS PER SHARE Weighted average common and common equivalent shares outstanding: Weighted average common shares............ 7,830 6,443 7,804 5,989 Assumed exercise of outstanding stock options and warrants (1)............... 274 156 229 ------- ------- ------- ------- Total................................................ 7,830 6,717 7,960 6,218 ======= ======= ======= ======= Earnings (loss) per share before extraordinary item.. $ (0.19) $ 0.30 $ 0.13 $ 0.71 Extraordinary item................................... (0.03) (0.03) (0.11) ------- ------- ------- ------- Earnings (loss) per share............................ $ (0.22) $ 0.30 $ 0.10 $ 0.60 ======= ======= ======= ======= FULLY DILUTED EARNINGS PER SHARE Weighted average common and common equivalent shares outstanding: Weighted average common shares............ 7,830 6,443 7,804 5,989 Assumed exercise of outstanding stock options and warrants (1)............... 301 162 297 ------- ------- ------- ------- Total................................................ 7,830 6,744 7,966 6,286 ======= ======= ======= ======= Earnings (loss) per share before extraordinary item.. $ (0.19) $ 0.30 $ 0.13 $ 0.70 Extraordinary item per share......................... (0.03) (0.03) (0.11) ------- ------- ------- ------- Earnings (loss) per share............................ $ (0.22) $ 0.30 $ 0.10 $ 0.59 ======= ======= ======= ======= (1)Computed utilizing the treasury stock method.