EXHIBIT 11.2 ROHR, INC. AND SUBSIDIARIES --------------------------- CALCULATION OF FULLY DILUTED NET INCOME PER SHARE ------------------------------------------------- OF COMMON STOCK - UNAUDITED --------------------------- (in thousands except for earnings per share data) ------------------------------------------------- THIRD QUARTER ENDED NINE MONTHS ENDED ---------------------------- ---------------------------- MAY 4, APRIL 28, MAY 4, APRIL 28, 1997 1996 1997 1996 ---------- ---------- ---------- ---------- Net income from continuing operations applicable to primary earnings per common share $ 10,818 $ 4,130 $ 19,059 $ 4,817 Add back interest and issue expense on dilutive convertible debentures and notes - net of tax adjustment 236 283 725 1,561 ---------- ---------- ---------- ---------- Net income applicable to fully diluted earnings per share $ 11,054 $ 4,413 $ 19,784 $ 6,378 ========== ========== ========== ========== Average number of shares outstanding on a fully diluted basis: Shares used in calculating primary earnings per share 26,053 22,312 25,202 20,168 Unexercised options 111 24 - 92 Shares issuable on dilutive conversion of debentures and notes 1,905 2,291 1,905 2,291 ---------- ---------- ---------- ---------- Average number of shares outstanding on a fully diluted basis 28,069 24,627 27,107 22,551 ========== ========== ========== ========== Fully diluted net income per average common share $ 0.39 $ 0.18 $ 0.73 $ 0.28 ========== ========== ========== ========== Note: Fully diluted net income per average common share is not presented in the Company's Consolidated Statements of Earnings for the nine months period ending April 28, 1996, as the effect of the assumed conversion of the Company's convertible debentures and notes was anti-dilutive. Page 16