EXHIBIT 11.1
HUTCHINSON TECHNOLOGY INCORPORATED
STATEMENT REGARDING COMPUTATION
OF NET INCOME PER SHARE - UNAUDITED
(In thousands, except per share data)
Thirteen Weeks Ended
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December 28, December 29,
1997 1996
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NET INCOME (LOSS) ($11,474) $11,117
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NET INCOME (LOSS) PER SHARE -
BASIC:
Weighted average common
shares outstanding 19,629 16,361
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BASIC
NET INCOME (LOSS) PER SHARE ($0.58) $0.68
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NET INCOME (LOSS) PER SHARE -
DILUTED:
Weighted average common
shares outstanding 19,629 16,361
Dilutive effect of stock options
outstanding after application
of treasury stock method - 759
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19,629 17,120
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DILUTED
NET INCOME (LOSS) PER SHARE ($0.58) $0.65
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