Exhibit 11

KIMBALL INTERNATIONAL, INC.

COMPUTATION OF EARNINGS PER SHARE

(Unaudited)	Three Months Ended								Three Months Ended
(Amounts in Thousands, Except for Per Share Data)	December 31, 2011								December 31, 2010
	Class A		Class B			Total			Class A			Class B			Total
Basic Earnings Per Share:
Dividends Declared	$	468	$	1,375		$	1,843		$	473		$	1,361		$	1,834
Undistributed Earnings (Loss)	372		982			1,354			(267		)	(691		)	(958		)
Net Income	$	840	$	2,357		$	3,197		$	206		$	670		$	876
Average Basic Shares Outstanding	10,417		27,474			37,891			10,510			27,219			37,729
Basic Earnings Per Share	$	0.08	$	0.09					$	0.02		$	0.02
Diluted Earnings Per Share:
Dividends Declared and Assumed Dividends on Dilutive Shares	$	472	$	1,375		$	1,847		$	476		$	1,361		$	1,837
Undistributed Earnings (Loss)	373		977			1,350			(269		)	(692		)	(961		)
Net Income	$	845	$	2,352		$	3,197		$	207		$	669		$	876
Average Diluted Shares Outstanding	10,505		27,474			37,979			10,566			27,220			37,786
Diluted Earnings Per Share	$	0.08	$	0.09					$	0.02		$	0.02
Reconciliation of Basic and Diluted EPS Calculations:
Net Income Used for Basic EPS Calculation	$	840	$	2,357		$	3,197		$	206		$	670		$	876
Assumed Dividends Payable on Dilutive Shares:
Performance shares	4		—			4			3			—			3
Increase (Reduction) in Undistributed Earnings (Loss) - allocated based on Class A and Class B shares	1		(5		)	(4		)	(2		)	(1		)	(3		)
Net Income Used for Diluted EPS Calculation	$	845	$	2,352		$	3,197		$	207		$	669		$	876
Average Shares Outstanding for Basic EPS Calculation	10,417		27,474			37,891			10,510			27,219			37,729
Dilutive Effect of Average Outstanding:
Performance shares	88		—			88			56			1			57
Average Shares Outstanding for Diluted EPS Calculation	10,505		27,474			37,979			10,566			27,220			37,786

All of the 480,000 and 620,000 average outstanding stock options were antidilutive and were excluded from the dilutive calculations for the quarters ended December 31, 2011 and 2010, respectively.

(Unaudited)	Six Months Ended									Six Months Ended
(Amounts in Thousands, Except for Per Share Data)	December 31, 2011									December 31, 2010
	Class A			Class B			Total			Class A			Class B			Total
Basic Earnings Per Share:
Dividends Declared	$	938		$	2,747		$	3,685		$	950		$	2,717		$	3,667
Undistributed Loss	(174		)	(460		)	(634		)	(653		)	(1,682		)	(2,335		)
Net Income	$	764		$	2,287		$	3,051		$	297		$	1,035		$	1,332
Average Basic Shares Outstanding	10,409			27,454			37,863			10,543			27,162			37,705
Basic Earnings Per Share	$	0.07		$	0.08					$	0.03		$	0.04
Diluted Earnings Per Share:
Dividends Declared and Assumed Dividends on Dilutive Shares	$	948		$	2,747		$	3,695		$	960		$	2,717		$	3,677
Undistributed Loss	(178		)	(466		)	(644		)	(661		)	(1,684		)	(2,345		)
Net Income	$	770		$	2,281		$	3,051		$	299		$	1,033		$	1,332
Average Diluted Shares Outstanding	10,519			27,454			37,973			10,653			27,163			37,816
Diluted Earnings Per Share	$	0.07		$	0.08					$	0.03		$	0.04
Reconciliation of Basic and Diluted EPS Calculations:
Net Income Used for Basic EPS Calculation	$	764		$	2,287		$	3,051		$	297		$	1,035		$	1,332
Assumed Dividends Payable on Dilutive Shares:
Performance shares	10			—			10			10			—			10
Increase in Undistributed Loss - allocated based on Class A and Class B shares	(4		)	(6		)	(10		)	(8		)	(2		)	(10		)
Net Income Used for Diluted EPS Calculation	$	770		$	2,281		$	3,051		$	299		$	1,033		$	1,332
Average Shares Outstanding for Basic EPS Calculation	10,409			27,454			37,863			10,543			27,162			37,705
Dilutive Effect of Average Outstanding:
Performance shares	110			—			110			110			1			111
Average Shares Outstanding for Diluted EPS Calculation	10,519			27,454			37,973			10,653			27,163			37,816

All of the 527,000 and 629,000 average outstanding stock options were antidilutive and were excluded from the dilutive calculations for the quarters ended December 31, 2011 and 2010, respectively.