EXHIBIT 11 IN FOCUS SYSTEMS, INC. CALCULATIONS OF NET INCOME PER SHARE Three Months Ended September 30, Nine Months Ended September 30, ------------------------------------------------------ ------------------------------------------------------- 1997 1996 1997 1996 -------------------------- -------------------------- ------------------------- ---------------------------- Primary Fully Diluted Primary Fully Diluted Primary Fully Diluted Primary Fully Diluted -------------------------- -------------------------- -------------------------- --------------------------- Weighted Average Shares Outstanding for the Period 10,826,798 10,826,798 10,728,595 10,728,595 10,788,862 10,788,862 10,922,934 10,922,934 Dilutive Common Stock Options Using the Treasury Stock Method 290,349 290,604 88,259 88,281 287,366 288,135 455,234 463,325 -------------------------- -------------------------- -------------------------- -------------------------- Total Shares Used for Per Share Calculation 11,117,147 11,117,402 10,816,854 10,816,876 11,076,228 11,076,997 11,378,168 11,386,259 -------------------------- -------------------------- -------------------------- -------------------------- -------------------------- -------------------------- -------------------------- -------------------------- Net Income $ 4,186,000 $ 4,186,000 $ 2,378,000 $ 2,378,000 $13,435,000 $13,435,000 $ 8,221,000 $ 8,221,000 -------------------------- -------------------------- -------------------------- -------------------------- -------------------------- -------------------------- -------------------------- -------------------------- Net Income Per Share $ 0.38 $ 0.38 $ 0.22 $ 0.22 $ 1.21 $ 1.21 $ 0.72 $ 0.72 -------------------------- -------------------------- ------------------------ --------------------------- -------------------------- -------------------------- ------------------------ ---------------------------