Exhibit 11 THE COOPER COMPANIES, INC. AND SUBSIDIARIES Calculation of Earnings Per Share (In thousands, except per share figures) (Unaudited) Three Months Ended Six Months Ended April 30, April 30, 1997 1996 1997 1996 -------- -------- -------- ------ Primary: - -------- Net income $ 5,373 $ 2,809 $ 8,683 $ 3,461 ====== ====== ====== ====== Weighted average number of common shares outstanding 11,924 11,653 11,798 11,630 Number of common equivalent shares using the treasury stock method 305 71 254 85 ------- ------ ------ ------ Average number of common shares used to compute earnings per share 12,229 11,724 12,052 11,715 ====== ====== ====== ====== Earnings per share $ .44 $ .24 $ .72 $ .30 ====== ====== ====== ====== Fully Diluted: - -------------- Net income $ 5,373 $ 2,809 $ 8,683 $ 3,461 ====== ====== ====== ====== Weighted average number of common shares outstanding 11,924 11,653 11,798 11,630 Number of common equivalent shares using the treasury stock method 319 166 309 147 ------- ------ ------ ------ Average number of common shares used to compute earnings per share 12,243 11,819 12,107 11,777 ====== ====== ====== ====== Earnings per share $ .44 $ .24 $ .72 $ .29 ====== ====== ====== ====== 23