EXHIBIT 11 TEGAL CORPORATION AND SUBSIDIARIES STATEMENT REGARDING COMPUTATION OF NET INCOME PER SHARE (UNAUDITED) (IN THOUSANDS, EXCEPT PER SHARE DATA)
THREE MONTHS ENDED NINE MONTHS ENDED DECEMBER 31, DECEMBER 31, ------------------ ------------------ 1996 1995 1996 1995 ------- ------ ------- ------ Net Income............................................ $ 531 $1,452 $ 2,691 $3,600 ======= ====== ======= ====== Weighted average shares outstanding during the period.............................................. 10,113 7,486 10,095 2,938 Preferred stock on an "as if " converted.............. -- 1,485 -- 4,412 Common shares issued and stock options granted in accordance with Staff Accounting Bulletin No. 83.... -- -- -- 1 Common stock equivalents.............................. 527 834 560 957 ------- ------ ------- ------ Shares used in per share computation.................. 10,640 9,805 10,655 8,308 ======= ====== ======= ====== Net income per share.................................. $ 0.05 $ 0.15 $ 0.25 $ 0.43 ======= ====== ======= ======
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