EXHIBIT 11
TEGAL CORPORATION AND SUBSIDIARIES
STATEMENT REGARDING COMPUTATION
OF NET INCOME PER SHARE
(IN THOUSANDS, EXCEPT PER SHARE DATA)
YEAR ENDED MARCH 31,
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1997 1996 1995
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Net income...................................................... $ 3,140 $5,566 $ 828
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Weighted average shares outstanding during the period........... 10,138 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......................................... 572 897 189
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Shares used in per share computation............................ 10,710 8,899 7,373
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Net income per share............................................ $ 0.29 $ 0.63 $ 0.11
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