EXHIBIT 11
OLYMPIC CASCADE FINANCIAL CORPORATION
COMPUTATION OF EARNINGS PER SHARE
Basic
September 29, September 24, September 25,
2000 1999 1998
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Net income (loss) $ 1,556,000 $ 118,000 $ (4,666,000)
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Weighted average number of common
shares outstanding during the year 1,947,572 1,563,499 1,496,634
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Basic earnings per share $ 0.80 $ 0.08 $ (3.12)
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Diluted
Weighted average number of common
shares outstanding during the year 1,947,572 1,563,499 1,496,634
Add common equivalent shares upon
exercise of stock options 177,179 * *
Weighted average number of shares used
in calculation of primary earnings per
share 2,124,751 1,563,499 1,496,634
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Diluted earnings per share $ 0.73 $ 0.08 $ (3.12)
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* No effect given to common stock equivalents, as their effect would
be anti-dilutive.
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