EXHIBIT 11.1 CABLE DESIGN TECHNOLOGIES CORPORATION COMPUTATION OF EARNINGS PER SHARE (Thousands, except per share amounts) Year Ended July 31, -------------------------------------- 1996 1995 1994 ----------- ----------- ----------- Primary: Income before extraordinary items $ 15,881 $ 14,713 $ 10,138 Extraordinary loss (596) ---- (3,998) ----------- ----------- ----------- Net income $ 15,285 $ 14,713 $ 6,140 =========== =========== =========== Average number of shares of common stock outstanding 15,977,334 14,582,915 12,896,418 Assumed exercise of stock options and warrants 2,649,453 2,499,635 2,586,678 ----------- ----------- ----------- Total shares 18,626,792 17,082,550 15,483,096 =========== =========== =========== Primary earnings before extraordinary items per common share $ 0.85 $ 0.86 $ 0.65 Primary loss from extraordinary items (0.03) ---- (0.25) ----------- ----------- ----------- Primary earnings per common share $ 0.82 $ 0.86 $ 0.40 Year Ended July 31, -------------------------------------- 1996 1995 1994 ----------- ----------- ----------- Fully Diluted: Income before extraordinary items $ 15,881 $ 14,713 $ 10,138 Extraordinary loss (596) (3,998) ----------- ----------- ----------- Net income $ 15,285 $ 14,713 $ 6,140 =========== =========== =========== Average number of shares of common stock outstanding 15,977,339 14,582,915 12,896,418 Assumed exercise of stock options and warrants 2,649,453 2,589,933 2,640,126 ----------- ----------- ----------- Total shares 18,626,792 17,172,848 15,536,544 =========== =========== =========== Fully Diluted earnings before extraordinary items per common share $ 0.85 $ 0.86 $ 0.65 Fully Diluted loss from extraordinary items (0.03) ---- (0.25) ----------- ----------- ----------- Fully Diluted earnings per common share $ 0.82 $ 0.86 $ 0.40