EXHIBIT 11.1
KLA INSTRUMENTS CORPORATION
CALCULATION OF EARNINGS PER SHARE
(UNAUDITED)
Three Months Ended Six Months Ended
December 31, December 31,
(In thousands except per share amounts) 1996 1995 1996 1995
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Primary earnings per share
Net income $21,331 $29,835 $45,308 $57,161
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Average common and common
equivalent shares:
Average common shares outstanding 51,307 50,363 51,244 50,512
Dilutive options 1,777 2,023 1,361 1,885
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53,084 52,386 52,605 52,397
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Net income per share $ 0.40 $ 0.57 $ 0.86 $ 1.09
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