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EXHIBIT 11
SCIENTIFIC-ATLANTA, INC., AND SUBSIDIARIES
COMPUTATION OF EARNINGS PER SHARE
(IN THOUSANDS, EXCEPT PER SHARE DATA)
(UNAUDITED)
Three Months Ended
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September 27, September 29,
1996 1995
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WEIGHTED AVERAGE NUMBER OF
COMMON SHARES OUTSTANDING 77,127 77,019
Add - Additional shares of common stock assumed
issued upon exercise of options using the "treasury stock"
method as it applies to the computation of primary
earnings per share 543 1,625
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NUMBER OF COMMON AND COMMON
EQUIVALENT SHARES OUTSTANDING 77,670 78,644
Add - Additional shares of common stock assumed
issued upon exercise of options using the "treasury
stock" method as it applies to the computation of
fully diluted earnings per share 167 --
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NUMBER OF SHARES OUTSTANDING
ASSUMING FULL DILUTION 77,837 78,644
======== ========
NET EARNINGS (LOSS) FOR PRIMARY
AND FULLY DILUTED COMPUTATION
Continuing Operations $ 10,811 $ 4,086
Discontinued Operations 3,400 (13,210)
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Net Earnings (Loss) $ 14,211 $ (9,124)
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EARNINGS (LOSS) PER COMMON SHARE
AND COMMON EQUIVALENT SHARE
PRIMARY
Continuing Operations $ 0.14 $ 0.05
Discontinued Operations 0.04 (0.17)
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Net Earnings (Loss) $ 0.18 $ (0.12)
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FULLY DILUTED
Continuing Operations $ 0.14 $ 0.05
Discontinued Operations 0.04 (0.17)
-------- --------
Net Earnings (Loss) $ 0.18 $ (0.12)
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Note: In the three months ended September 29, 1995 the dilutive effect of
equivalent shares derived from stock options was less than 3 percent
and therefore, the equivalent shares were not included in the
computation of earnings per share.
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