EXHIBIT 11
GENERAL CABLE CORPORATION AND SUBSIDIARIES
COMPUTATION OF EARNINGS PER COMMON SHARE
(IN MILLIONS, EXCEPT PER SHARE DATA)
Three Months Ended Six Months Ended
June 30, June 30,
------------------------- ---------------
1997 1996 1997 1996
---- ---- ---- ----
Net earnings used to calculate earnings
per share: $12.0 $10.0 $20.6 12.5
===== ===== ===== ====
Calculation of primary earnings per share:
Weighted average common shares 24.4 24.3 24.3 24.3
Dilutive effect of assumed exercise of options
for the purchase of common shares - - - -
------- ------- ----- ----
Weighted average common shares used to
calculate primary earnings per share 24.4 24.3 24.3 24.3
===== ===== ===== =====
Primary earnings per common share $0.49 $0.41 $0.85 $0.51
===== ===== ===== =====
Calculation of fully diluted earnings per share:
Weighted average common shares 24.4 24.3 24.3 24.3
Dilutive effect of assumed exercise of
options for the purchse of common shares 0.1 - 0.1 -
----- ------ ----- ----
Weighted average common shares used to
calculate fully diluted earnings per share 24.5 24.3 24.4 24.3
===== ===== ===== =====
Fully diluted earnings per common share $0.49 $0.41 $0.84 $0.51
===== ===== ===== =====