1 EXHIBIT 11 SYBRON INTERNATIONAL CORPORATION AND SUBSIDIARIES COMPUTATION OF PER SHARE EARNINGS (IN THOUSANDS, EXCEPT PER SHARE DATA) Three Months Ended Six Months Ended March 31, March 31, 1996 1995 1996 1995 ---- ---- ---- ---- Primary: Net income $10,540 $13,505 $22,262 $23,452 ====== ====== ====== ====== Shares Weighted average Common shares . . . . . . . . . 46,687 46,396 46,619 46,396 Common equivalent shares . . . . . . . . . . . . 1,125 422 1,027 380 ------ ------- ------ ------- 47,812 46,818 47,646 46,776 ====== ====== ====== ====== Primary earnings per share . . . . . . . . . . . $ .22 $ .29 $ .47 $ .50 === === ==== === 18