1 EXHIBIT 11.1 CERION TECHNOLOGIES INC. COMPUTATION OF NET INCOME (LOSS) PER COMMON SHARE (IN THOUSANDS, EXCEPT PER SHARE DATA) For the Three Months Ended -------------------------- September 27, 1996 September 29, 1995 ------------------ ------------------ Net income (loss) $ (467) $ 854 ====== ====== Shares: Weighted average common shares outstanding during the period 7,016 5,400 Common equivalent shares -- -- ------ ------ Net income (loss) per common share: 7,016 5,400 ====== ====== $(0.07) $ 0.16 ====== ====== 12