Exhibit 11 THE GENLYTE GROUP INCORPORATED CALCULATION OF PRIMARY AND FULLY DILUTED EARNINGS PER SHARE FOR THE THREE MONTHS ENDED MARCH 30, 1996 AND APRIL 1, 1995 (000'S OMITTED, EXCEPT PER SHARE DATA) (Unaudited) ================================================================================ 1996 1995 ================================================================================ PRIMARY EARNINGS PER SHARE: - -------------------------------------------------------------------------------- Net Income $ 2,293 $ 1,622 - -------------------------------------------------------------------------------- Average Common Shares Outstanding 12,869 12,732 - -------------------------------------------------------------------------------- Common Shares Issuable in Respect to Common Stock Equivalents, with a Dilutive Effect 0 0 - -------------------------------------------------------------------------------- Total Common and Common Equivalent Shares 12,869 12,732 ================================================================================ Primary Earnings per Share $ .18 $ .13 ================================================================================ ================================================================================ FULLY DILUTED EARNINGS PER SHARE: - -------------------------------------------------------------------------------- Net Income Applicable to Common Stock and Common Stock Equivalents 2,293 1,622 ================================================================================ Total Common and Common Equivalent Shares 12,869 12,732 - -------------------------------------------------------------------------------- Additional Common Shares Assuming Full Dilution 39 1 - -------------------------------------------------------------------------------- Total Common Shares Assuming Full Dilution 12,908 12,733 ================================================================================ Fully Diluted Earnings per Share $ .18 $ .13 ================================================================================