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Exhibit 11-1
Analog Devices, Inc.
Computation of Earnings Per Share (Unaudited)
(in thousands, except per share data)
Three Months Ended
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February 3, 1996 January 28, 1995
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PRIMARY EARNINGS PER SHARE
Weighted average common and common equivalent shares:
Weighted average common shares outstanding 113,387 111,240
Assumed exercise of common stock equivalents (1) 6,847 6,407
Assumed conversion of subordinated notes 3,951 -
-------- --------
Weighted average common and common
equivalent shares 124,185 117,647
======== ========
Net income $ 40,092 $ 23,648
Interest related to convertible subordinated
notes, net of tax 719 -
-------- --------
Earnings Available for Common Stock $ 40,811 $ 23,648
======== ========
PRIMARY EARNINGS PER SHARE $ 0.33 $ 0.20
======== ========
FULLY DILUTED EARNINGS PER SHARE
Weighted average common and common equivalent shares:
Weighted average common shares outstanding 113,387 111,240
Assumed exercise of common stock equivalents (1) 6,984 6,426
Assumed conversion of subordinated notes 3,951 -
-------- --------
Weighted average common and common
equivalent shares 124,322 117,666
======== ========
Net income $ 40,092 $ 23,648
Interest related to convertible subordinated
notes, net of tax 719 -
-------- --------
Earnings Available for Common Stock $ 40,811 $ 23,648
======== ========
FULLY DILUTED EARNINGS PER SHARE $ 0.33 $ 0.20
======== ========
<FN>
(1) Computed based on the treasury stock method.
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