TEGAL CORPORATION AND SUBSIDIARIES Exhibit 11
Statement Regarding Computation
of Net Income Per Share
(In thousands, except per share data)
Year Ended
March 31,
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1996 1995
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Net income $5,566 $ 828
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Weighted average shares outstanding
during the period 4,692 534
Preferred stock on an "as if" converted basis 3,309 5,876
Common shares issued and stock options
granted in accordance with Staff
Accounting Bulletin No. 83 1 774
Common stock equivalent 897 189
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Shares used in per share computation 8,899 7,373
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Net income per share $ 0.63 $ 0.11
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