MEASUREX CORPORATION Exhibit 11.0
COMPUTATION OF NET INCOME PER SHARE
(Unaudited)
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(Dollar amounts in thousands except per share data)
Three Months Ended Six Months Ended
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June 2, June 4, June 2, June 4,
1996 1995 1996 1995
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Primary:
Average shares outstanding 15,919 16,621 15,861 16,736
Net effect of dilutive stock options
based on the treasury stock method
using average market price 520 678 553 579
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Average common and common
equivalent shares outstanding 16,439 17,299 16,414 17,315
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Net income $ 9,855 $ 5,224 $17,726 $ 8,705
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Net income per share $ .60 $ .30 $ 1.08 $ .50
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Fully diluted: (Note A)
Average shares outstanding 15,919 16,620 15,861 16,639
Net effect of dilutive stock options
based on the treasury stock method
using quarter-end market price or
average market price when greater
than quarter-end price 560 739 575 760
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Average common and common
equivalent shares outstanding 16,479 17,359 16,436 17,399
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Net Income $ 9,855 $ 5,224 $17,726 $ 8,705
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Net income per share $ .60 $ .30 $ 1.08 $ .50
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Note A: Fully diluted earnings per share have been calculated in
accordance with Accounting Principles Board Opinion No. 15,
"Earnings Per Share".