1 EXHIBIT 11.1 CERION TECHNOLOGIES INC. COMPUTATION OF NET INCOME PER COMMON SHARE (IN THOUSANDS, EXCEPT PER SHARE DATA) For the Three Months Ended -------------------------- March 28, 1997 March 29, 1996 -------------- -------------- Net income $ 66 $1,848 ====== ====== Shares: Weighted average common shares outstanding during the period 7,018 5,400 Common equivalent shares - - ------ ------ Average common and dilutive equivalent shares outstanding 7,018 5,400 ====== ====== Net income per common share: $ 0.01 $ 0.34 ====== ======