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EXHIBIT 11 -- STATEMENT RE: COMPUTATION OF PER SHARE EARNINGS
TSX CORPORATION AND SUBSIDIARY
Three Months Ended Six Months Ended
Oct. 26, 1996 Oct. 28, 1995 Oct. 26, 1996 Oct. 28, 1995
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(Expressed in Thousands Except Per Share Data)
PRIMARY
Average shares outstanding 15,423 15,297 15,423 15,054
Net effect of dilutive stock
options and warrants 0 684 608 857
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TOTAL 15,423 15,981 16,031 15,911
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Net Income $ (35) 3,734 3,461 6,936
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Net Income per share $ --- .23 .22 .44
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FULLY DILUTED
Average shares outstanding 15,423 15,297 15,423 15,054
Net effect of dilutive stock
options and warrants 0 765 642 988
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TOTAL 15,423 16,062 16,065 16,042
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Net Income $ (35) 3,734 3,461 6,936
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Net Income per share $ --- .23 .22 .43
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