1 EXHIBIT 11 SYBRON INTERNATIONAL CORPORATION AND SUBSIDIARIES COMPUTATION OF PER SHARE EARNINGS (IN THOUSANDS, EXCEPT PER SHARE DATA) Three Months Ended Nine Months Ended June 30, June 30, 1997 1996 1997 1996 --------- --------- --------- --------- Primary: Net income before extraordinary item $ 21,790 $ 17,105 $ 58,815 $ 39,367 Extraordinary item (673) - (673) - --------- --------- --------- --------- Net income $ 21,117 $ 17,105 $ 58,142 $ 39,367 ========= ========= ========= ========= Shares Weighted average Common shares ............................ 47,701 46,805 47,617 46,681 Common equivalent shares .................................. 1,760 1,304 1,681 1,119 --------- --------- --------- --------- 49,461 48,109 49,298 47,800 ========= ========= ========= ========= Primary earnings to share: Primary earnings per share before extraordinary item....... $.44 $.36 $1.19 $.82 Extraordinary item ........................................ (.01) - (.01) - --------- --------- --------- --------- Primary earnings per share ................................ $.43 $.36 $1.18 $.82 ========= ========= ========= ========= EI-3