Exhibit 11 THE COOPER COMPANIES, INC. AND SUBSIDIARIES Calculation of Net Income (Loss) Per Common Share (In thousands, expect per share figures) (Unaudited) Three Months Ended Six Months Ended April 30, April 30, ------------------- ------------------- 1994 1993 1994 1993 -------- -------- -------- -------- Primary: Loss from continuing operations before extraordinary item $ (3,850) $ (6,183) $ (9,000) $ (8,867) Less, dividend requirements on Senior Exchangeable Redeemable Restricted Voting Preferred Stock 0 160 0 320 -------- -------- -------- -------- Loss from continuing operations before extraordinary item (3,850) (6,343) (9,000) (9,187) Loss on sale of discontinued operations, net of taxes 0 (13,657) 0 (13,657) -------- -------- -------- -------- Loss before extraordinary item (3,850) (20,000) (9,000) (22,844) Extraordinary item 0 0 0 924 -------- -------- -------- -------- Loss per common share $ (3,850) $(20,000) $ (9,000) $ (21,920) -------- -------- -------- -------- -------- -------- -------- -------- Weighted average number of common shares outstanding 30,129 30,033 30,129 30,048 Contingently issuable shares outstanding 371 0 332 0 -------- -------- -------- -------- Weighted average number of common and common equivalent shares outstanding for primary earnings per share 30,500 30,033 30,461 30,048 -------- -------- -------- -------- -------- -------- -------- -------- Earnings (loss) per common share: Continuing operations $ (0.13) $ (0.22) $ (0.30) $ (0.31) Discontinued operations 0.00 (0.45) 0.00 (0.45) -------- -------- -------- -------- Loss before extraordinary item (0.13) (0.67) (0.30) (0.76) Extraordinary item 0.00 (0.00) 0.00 (0.03) -------- -------- -------- -------- Loss per common share $ (0.13) $ (0.67) $ (0.30) $ (0.73) -------- -------- -------- -------- -------- -------- -------- --------