HUTCHINSON TECHNOLOGY INCORPORATED
STATEMENT REGARDING COMPUTATION
OF PER SHARE EARNINGS- UNAUDITED
(In thousands, except per share data)
Thirteen Weeks Ended Thirty-Nine Weeks Ended
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June 28, June 29, June 28, June 29,
1998 1997 1998 1997
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NET INCOME (LOSS) ($9,250) $13,698 ($35,149) $41,498
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NET INCOME (LOSS) PER SHARE -
BASIC:
Weighted average common
shares outstanding 19,755 19,531 19,686 17,834
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BASIC
NET INCOME (LOSS) PER SHARE ($0.47) $0.70 ($1.79) $2.33
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NET INCOME (LOSS) PER SHARE -
DILUTED:
Weighted average common
shares outstanding 19,755 19,531 19,686 17,834
Dilutive effect of stock options
outstanding after application
of treasury stock method - 745 - 692
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19,755 20,276 19,686 18,526
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DILUTED
NET INCOME (LOSS) PER SHARE ($0.47) $0.68 ($1.79) $2.24
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