WANDEL & GOLTERMANN TECHNOLOGIES, INC.
EXHIBIT 11 - SCHEDULE OF COMPUTATION OF NET INCOME PER SHARE FOR EACH OF THE
THREE YEARS IN THE PERIOD ENDED SEPTEMBER 30, 1996
(In thousands, except earnings per share)
1996 1995 1994
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Net income used for primary and fully diluted per share amounts $5,152 $1,036 $3,526
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Primary
Weighted average number of common shares outstanding 5,168 5,209 4,396
Add - Shares of common stock assumed issued upon exercise of options and upon
purchase of shares with prepaid contributions to the Employee Stock
Purchase Plan using the "treasury stock" method as it applies to the
computation
of primary income per share 63 36 2
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Weighted average number of shares used in calculations
of primary income per share 5,231 5,245 4,398
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Primary net income per common share $ 0.98 $ 0.20 $ 0.80
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Fully Diluted
Weighted average number of common shares outstanding 5,168 5,209 4,396
Add - Shares of common stock assumed issued upon exercise of options and upon
purchase of shares with prepaid contributions to the Employee Stock
Purchase Plan using the "treasury stock" method as it applies to the
computation
of fully diluted income per share 63 29 (8 )
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Weighted average number of shares used in calculations of fully
diluted income per share 5,231 5,238 4,388
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Fully diluted net income per common share $ 0.98 $ 0.20 $ 0.80
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