1 Exhibit 11 HUBBELL INCORPORATED Computation of Earnings Per Share (in thousands, except per share amounts) Three Months Ended Nine Months Ended September 30, September 30, ---------------------------- ------------------------------- 1994 1993 1994 1993 -------- -------- -------- -------- Net Income $27,289 $23,388 $78,076 $72,424 ======= ======= ======= ======= Weighted average number of common shares outstanding during the year 31,333 31,211 31,310 31,202 Common equivalent shares 388 434 407 432 ------- ------- ------- ------- Average number of shares outstanding 31,721 31,645 31,717 31,634 ======= ======= ======= ======= Earnings per share $0.86 $0.74 $2.46 $2.29 ======= ======= ======= =======