Bausch & Lomb Incorporated
Exhibit 11
Statement Regarding Computation of Per Share Earnings (Dollar Amounts in Millions, Share Amounts in Thousands Except Per Share Data)
	First Quarter Ended
	March 29,	March 30,
	2003	2002
Income from Continuing Operations before Cumulative Effect of Change in    Accounting Principle	$16.5	$8.8
Cumulative Effect of Change in Accounting Principle, Net of Taxes	(0.9)	-
Net Income (a)	$15.6	$8.8
Actual outstanding Common and Class B shares at beginning of period	53,894	53,543
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	(127)	154
Weighted Basic Shares (b)	53,767	53,697
Effect of assumed exercise of Common stock equivalents	63	282
Weighted Diluted Shares (c)	53,830	53,979
Basic Earnings Per Share (a/b)	$0.29	$0.16
Diluted Earnings Per Share  (a/c)	$0.29	$0.16