Exhibit 11 MCMS, INC. EARNINGS PER SHARE (IN THOUSANDS, EXCEPT SHARES AND PER SHARE AMOUNTS) Three months ended Nine months ended May 29, May 28, May 29, May 28, 1997 1998 1997 1998 Net income basic $ 2,364 $ (2,037) $ 8,421 $ (1,424) Dividends on redeemable preferred stock accumulated but not paid - (825) - (825) ------------ --------- ----------- -------------- Net income available to common stockholders $ 2,364 $ (2,862) $ 8,421 $ (2,249) ============ ============ ============ ============== Shares used to compute net income per share: Weighted average common shares outstanding - basic and diluted 1,000 5,000,000 1,000 1,667,333 ============ =========== ============ ============= Net income (loss) per share - basic and diluted $ 2,364 $ (0.57) $ 8,421 $ (1.35) =========== ============ =========== ============== 28