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   &lt;div align="left" style="font-size: 10pt; margin-top: 12pt"&gt;&lt;font style="font-variant: small-caps"&gt;&lt;b&gt;Note 2: Earnings Per Share&lt;/b&gt;&lt;/font&gt;
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   &lt;div align="left" style="font-size: 10pt; margin-top: 6pt"&gt;Basic earnings per share attributable to Dionex Corporation are determined by dividing net income
   attributable to Dionex Corporation by the weighted average number of common shares outstanding
   during the period. Diluted earnings per share attributable to Dionex Corporation are determined by
   dividing net income attributable to Dionex Corporation by the weighted average number of common
   shares used in the basic earnings per share calculation, plus the number of common shares that
   would be issued assuming conversion of all potentially dilutive securities outstanding under the
   treasury stock method.
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   &lt;div align="left" style="font-size: 10pt; margin-top: 6pt"&gt;The following table is a reconciliation of the numerators and denominators used in computing basic
   and diluted earnings per share attributable to Dionex Corporation (in thousands, except per share
   data):
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   &lt;div style="margin-left:15px; text-indent:-15px"&gt;Numerator:
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   &lt;div style="margin-left:15px; text-indent:-15px"&gt;Net income attributable to Dionex Corporation
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       &lt;td align="left"&gt;$&lt;/td&gt;
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   &lt;div style="margin-left:15px; text-indent:-15px"&gt;Denominator:
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   &lt;div style="margin-left:15px; text-indent:-15px"&gt;Weighted average shares used to compute earnings per share attribution to Dionex Corporation &amp;#8212; basic
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   &lt;div style="margin-left:15px; text-indent:-15px"&gt;Effect of dilutive stock options
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   &lt;div style="margin-left:15px; text-indent:-15px"&gt;Weighted average shares used to compute earnings per share attribution to Dionex Corporation&amp;#8212; diluted
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   &lt;div style="margin-left:15px; text-indent:-15px"&gt;Basic earnings per share attributable to Dionex Corporation
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   &lt;div style="margin-left:15px; text-indent:-15px"&gt;Diluted earnings per share attributable to Dionex Corporation
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   &lt;div style="margin-left:15px; text-indent:-15px"&gt;Antidilutive common equivalent shares related to stock awards are excluded from the calculation of
   diluted earnings per share attribution to Dionex Corporation
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      <ElementReferences>Reference 1: http://www.xbrl.org/2003/role/presentationRef
 -Publisher FASB
 -Name Statement of Financial Accounting Standard (FAS)
 -Number 128
 -Paragraph 40

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