Cable Design Technologies Corporation                               Exhibit 11.1
Computation of Earnings per Share
(In thousands, except share and per share data)

 
 



                                                                      Quarter Ended January 31,       Six Months Ended January 31,
                                                                        1997           1996               1997          1996
                                                                                                              
Primary:
Income before extraordinary items                                         $7,940          $5,378           $16,078         $11,086
Extraordinary loss                                                       --              --                --              --
                                                                      --------------------------      ----------------------------
Net Income                                                                $7,940          $5,378           $16,078         $11,086

Weighted average number of shares of common stock outstanding         18,265,075      14,633,491        18,215,725      14,625,681
Assumed exercise of stock options                                      2,276,124       2,726,967         2,317,702       2,678,453
                                                                      --------------------------      ----------------------------
Total shares                                                          20,541,199      17,360,458        20,533,427      17,304,134

Primary earnings before extraordinary items per common share               $0.39           $0.31             $0.78           $0.64
Primary loss from extraordinary items per common share                   --              --                --              --
                                                                      --------------------------      ----------------------------
Primary earnings per common share                                          $0.39           $0.31             $0.78           $0.64


                                                                     Quarter Ended January 31,         Six Months Ended January 31,
                                                                        1997           1996               1997           1996
Fully diluted:
Income before extraordinary items                                         $7,940          $5,378            $16,078        $11,086
Extraordinary loss                                                       --              --                --              --
                                                                      --------------------------      ----------------------------
Net Income                                                                $7,940          $5,378            $16,078        $11,086

Weighted average number of shares of common stock outstanding         18,265,075      14,633,491         18,215,725     14,625,681
Assumed exercise of stock options                                      2,276,124       2,808,975          2,317,702      2,790,655
                                                                      --------------------------      ----------------------------
Total shares                                                          20,541,199      17,442,466         20,533,427     17,416,336

Fully diluted earnings before extraordinary items per common share         $0.39           $0.31              $0.78          $0.64
Fully diluted loss from extraordinary items per common share             --              --                --              --
                                                                      --------------------------      ----------------------------
Fully diluted earnings per common share                                    $0.39           $0.31              $0.78          $0.64