160 Exhibit 11 Vishay Intertechnology, Inc. Statement Regarding Computation of Per Share Earnings (In thousands, except per share amounts) PRIMARY AND FULLY DILUTED Year Ended December 31 EARNINGS PER SHARE: 1993 1992 1991 -------------------------------------------- Weighted average number of common shares outstanding 21,228 17,269 16,649 Effect of assumed conversion of convertible subordinated debentures 2,097 -------------------------------------------- Total 21,228 19,366 16,649 ============================================ Earnings before cumulative effect of accounting change $42,648 $30,413 $20,890 Cumulative effect of accounting change for income taxes 1,427 -------------------------------------------- Net Earnings 44,075 30,413 20,890 Add interest on convertible subordinated debentures, net of income tax effect 2,721 -------------------------------------------- Total $44,075 $33,134 $20,890 ============================================ Earnings per share: Before cumulative effect of accounting change $2.01 $1.71 $1.25 Accounting change for income taxes $0.07 -------------------------------------------- Net earnings per share $2.08 $1.71 $1.25 ============================================