Bausch & Lomb Incorporated Exhibit 11 Statement Regarding Computation of Per Share Earnings (Dollar Amounts in Millions, Share Amounts in Thousands Except Per Share Data)
	Three Months Ended		Nine Months Ended
	September 29, 2001	September 23, 2000	September 29, 2001	September 23, 2000
Income From Operations Before Change In      Accounting Principle	$23.3	$14.7	$28.9	$88.5
Change in accounting principle,      net of taxes	-	-	0.3	-
Net Income (a)	$23.3	$14.7	$29.2	$88.5
Actual outstanding Common and Class B      shares at beginning of period	53,615	53,310	53,473	57,376
Sum of weighted average activity of     Common and Class B shares issued for     stock options, restricted stock awards     and cancellations, and net activity of     shares held in deferred compensation     plan	4	53	97	(2,976)
Weighted Basic Shares (b)	53,619	53,363	53,570	54,400
Effect of assumed exercise of
Common stock equivalents	102	579	140	766
Weighted Diluted Shares (c)	53,721	53,942	53,710	55,166
Basic Earnings Per Share (a/b)	$0.43	$0.28	$0.54	$1.63
Diluted Earnings Per Share (a/c)	$0.43	$0.27	$0.54	$1.60