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                      ADVANCED LIGHTING TECHNOLOGIES, INC.
          EXHIBIT 11 -- STATEMENT RE: COMPUTATION OF EARNINGS PER SHARE

                 (IN THOUSANDS, EXCEPT PER SHARE DOLLAR AMOUNTS)


                                                                                    Year Ended June 30,
                                                   ------------------------------------------------------------------------------
                                                                       1997                                   1996               
                                                   ------------------------------------------------------------------------------
                                                        Shares         Amount       EPS          Shares       Amount       EPS   
                                                   ------------------------------------------------------------------------------
<S>                                                   <C>            <C>           <C>         <C>          <C>          <C>  
 Income before extraordinary charge                                   $   7,104                              $   2,517              
 Less: Increase in warrants' value                                            -                                      -              
       Preferred stock dividends                                              -                                  1,350              
                                                                      ---------                              ---------              
 Income before extraordinary charge                                                                                       
    attributable to common shareholders                               $   7,104                              $   1,167              
                                                                      =========                              =========              
                                                                                                                                 
 Net income                                                           $   7,104                              $   2,382              
 Less: Increase in warrants' value                                            -                                  1,350              
       Preferred stock dividends                                              -                                      -              
                                                                     ----------                              ---------              
 Net income attributable to common                                                                                        
    shareholders                                                     $    7,104                              $   1,032              
                                                                     ==========                              =========              
                                                                                                                                 
 Sharebase:                                                                                                                      
    Shares outstanding or deemed outstanding at                                                                                  
       beginning of period                              10,844                                      7,282                
    Weighted average shares issued pursuant to                                                                           
       public offering                                   2,327                                      1,601                
    Weighted average shares issued upon                                                                                  
       warrant conversion                                    -                                        296                
    Weighted average shares issued in acquisition           41                                          -                
    Weighted average shares issued for exercise of                                                                       
       stock options                                        22                                          -                
    Weighted average common share equivalents              289                                        272                
    Weighted average shares issued during the period         -                                         20                
    Weighted average shares issuable                        35                                          8                
                                                     ---------                                 ----------                
                                                                                                                         
                                                        13,558                                      9,479                
                                                     =========                                 ==========                
                                                                                                                                 
 Earnings (loss) per share:                                                                                        
    Income before extraordinary charge                                              $   0.52                              $   0.12 
    Extraordinary charge                                                            $      -                              $  (0.01) 
                                                                                   =========                             =========
 NET EARNINGS PER SHARE                                                             $   0.52                              $   0.11 
                                                                                   =========                             =========
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                                                                          Year Ended June 30,
                                                          ------------------------------------------------
                                                                              1995
                                                          ------------------------------------------------
                                                              Shares            Amount           EPS
                                                          ------------------------------------------------
<S>                                                         <C>              <C>              <C>                               
 Income before extraordinary charge                                           $   3,142
 Less: Increase in warrants' value                                                   58
       Preferred stock dividends                                                  2,302
                                                                             ----------
 Income before extraordinary charge                
    attributable to common shareholders                                      $      782
                                                                             ==========
                                                          
 Net income                                                                  $    2,889
 Less: Increase in warrants' value                                                2,302
       Preferred stock dividends                                                     58
                                                                             ----------
 Net income attributable to common                 
    shareholders                                                             $      529
                                                                             ==========
                                                          
 Sharebase:                                               
    Shares outstanding or deemed outstanding at                          
       beginning of period                                     7,282   
    Weighted average shares issued pursuant to                           
       public offering                                             -   
    Weighted average shares issued upon                                  
       warrant conversion                                          -   
    Weighted average shares issued in acquisition                  -   
    Weighted average shares issued for exercise of                       
       stock options                                               -   
    Weighted average common share equivalents                    536   
    Weighted average shares issued during the period               -   
    Weighted average shares issuable                               -   
                                                          ----------   
                                                                         
                                                               7,818   
                                                          ==========   
                                                          
 Earnings (loss) per share:                               
    Income before extraordinary charge                                                          $    0.10
    Extraordinary charge                                                                        $   (0.03)
                                                                                               ==========
 NET EARNINGS PER SHARE                                                                         $    0.07  
                                                                                               ==========
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