1
DIODES INCORPORATED AND SUBSIDIARIES
EXHIBIT - 11.1
COMPUTATION OF EARNINGS PER SHARE
THREE MONTHS ENDED NINE MONTHS ENDED
SEPTEMBER 30, SEPTEMBER 30,
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1995 1994 1995 1994
------------ ----------- ----------- -----------
PRIMARY
Weighted average number of common
shares outstanding 4,949,050 4,624,269 4,855,058 4,568,636
Weighted average number of preferred
shares outstanding 0 169,629 0 169,629
Assumed exercise of stock options 327,077 329,835 350,984 396,370
------------ ----------- ----------- -----------
5,276,127 5,123,733 5,206,042 5,134,635
Net income $ 1,261,075 $ 638,559 $ 3,365,817 $ 1,704,030
============ =========== =========== ===========
Primary earnings per share $ 0.24 $ 0.12 $ 0.65 $ 0.33
============ =========== =========== ===========
FULLY-DILUTED
Weighted average number of common
shares outstanding 4,949,050 4,624,269 4,855,058 4,568,636
Weighted average number of
preferred shares outstanding 0 169,629 0 169,629
Assumed exercise of stock options 327,077 329,835 400,566 396,370
------------ ----------- ----------- -----------
5,276,127 5,123,733 5,255,624 5,134,635
Net income $ 1,261,075 $ 638,559 $ 3,365,817 $ 1,704,030
============ =========== =========== ===========
Fully diluted earnings per share $ 0.24 $ 0.12 $ 0.64 $ 0.33
============ =========== =========== ===========
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