EXHIBIT 11
EXECUTONE INFORMATION SYSTEMS, INC. AND SUBSIDIARIES
STATEMENT REGARDING COMPUTATION OF PER SHARE EARNINGS
(In Thousands, Except Per Share Amounts)
Years Ended December 31,
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1995 1994 1993
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Income (Loss) From Continuing Operations $(36,934) $6,734 $4,903
Discontinued Operatations:
Income from Operations, Net of Taxes --- 153 298
Gain on Disposal, Net of Taxes --- 604 ---
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Net Income (Loss) $(36,934) $7,491 $5,201
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Weighted Average Number of Common
Shares Outstanding 46,919 43,705 32,926
Common Stock Equivalent Shares Assumed
to be Issued for Dilutive Stock Options
and Warrants --- 3,992 15,357
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Total Weighted Average Common and
Common Equivalent Shares Outstanding 46,919 47,697 48,283
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Earnings (Loss) per Common Share:
Continuing Operations $ (0.79) $ 0.14 $ 0.10
Discontinued Operations 0.00 0.02 0.01
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Net Income (Loss) $ (0.79) $ 0.16 $ 0.11
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