Exhibit 11
THE COOPER COMPANIES, INC. AND SUBSIDIARIES
Calculation of Earnings Per Share
Years Ended October 31,
---------------------------------
1997 1996 1995
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(In thousands, except per share amounts)
Primary:
Income from continuing operations
before extraordinary items $ 48,390 $ 16,603 $ 115
Discontinued operations (18,000) - -
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Income before extraordinary items 30,390 16,603 115
Extraordinary items, net 992 - -
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Net income $31,382 $ 16,603 $ 115
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Weighted average number of common
shares outstanding 12,759 11,645 11,416
Number of common equivalent shares
using the treasury stock method 312 116 160
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Average number of common shares
used to compute earnings per share 13,071 11,761 11,576
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Earnings per common share:
Continuing operations before
extraordinary items $ 3.70 $ 1.41 $ 0.01
Discontinued operations (1.38) - -
Extraordinary items, net 0.08 - -
------------ ------------ ------------
Earnings per common share: $ 2.40 $ 1.41 $ 0.01
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Fully diluted:
Income from continuing operations
Before extraordinary items $48,390 $ 16,603 $ 115
Discontinued operations (18,000) - -
------------ ------------ ------------
Income before extraordinary items 30,390 16,603 115
Extraordinary items, net 992 - -
------------ ------------ ------------
Net income $ 31,382 $ 16,603 $ 115
============ ============ ============
Weighted average number of common
Shares outstanding 12,759 11,645 11,416
Number of common equivalent shares
using the treasury stock method 391 169 207
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Average number of common shares
used to compute earnings per share 13,150 11,814 11,623
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Earnings per common share:
Continuing operations before
Extraordinary items $ 3.68 $ 1.41 $ 0.01
Discontinued operations (1.37) - -
Extraordinary items, net 0.08 - -
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Earnings per common share: $ 2.39 $ 1.41 $ 0.01
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