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EXHIBIT 11.01
NASHUA CORPORATION
COMPUTATION OF EARNINGS PER COMMON AND COMMON EQUIVALENT SHARE
(In thousands, except per share data)
Year Ended December 31,
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1995 1994 1993
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Income (loss) from continuing operations $(15,470) $ 2,210 $ 250
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Income (loss) from discontinued operations 739 (63) (19,419)
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Net income (loss) $(14,731) $ 2,147 $(19,169)
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Shares:
Weighted average common shares
outstanding during the period 6,374 6,343 6,312
Common equivalent shares -- 17 31
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6,374 6,360 6,343
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Earnings (loss) per common share(1):
Income (loss) from continuing operations $ (2.43) $ .35 $ .04
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Income (loss) from discontinued operations .12 (.01) (3.06)
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Net income (loss) $ (2.31) $ .34 $ (3.02)
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<FN>
(1) The computation of earnings (loss) per common share on a fully diluted
basis results in no change to the earnings per common share amounts
indicated above.