EXHIBIT 11.2 ROHR, INC. AND SUBSIDIARIES --------------------------- CALCULATION OF FULLY DILUTED NET INCOME PER SHARE ------------------------------------------------- OF COMMON STOCK - UNAUDITED --------------------------- (in thousands except for per share data) ---------------------------------------- FIRST QUARTER ENDED ------------------- NOV. 3, OCT. 29, 1996 1995 -------- -------- Net income applicable to primary earnings per common share $ 3,358 $ 482 Add back interest and issue expense on convertible debentures and notes - net of tax adjustment 250 1,888 ------- ------- Net income applicable to fully diluted earnings per share $ 3,608 $ 2,370 ======= ======= Average number of shares outstanding on a fully diluted basis: Shares used in calculating primary earnings per share 23,434 18,682 Shares issuable on conversion of debentures and notes 1,905 8,225 ------- ------- Average number of shares outstanding on a fully diluted basis 25,339 26,907 ======= ======= Fully diluted net income per average common share $ 0.14 $ 0.09 ======= ======= Note: Fully diluted net income per average share is not presented in the Company's Consolidated Statements of Operations as the effect of the assumed conversion of the Company's convertible debentures and notes was anti-dilutive. 12