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EXHIBIT 11
INDUSTRIAL DISTRIBUTION GROUP, INC.
COMPUTATION OF EARNINGS PER SHARE
FOR THE THREE AND NINE MONTH PERIODS ENDED SEPTEMBER 30, 2000 AND 1999
(In Thousands, Except Per Share Data)
(Unaudited)
<TABLE>
<CAPTION>
Three Months Ended Nine Months Ended
September 30, September 30,
-------------------- --------------------
2000 1999 2000 1999
------ ------ ------ ------
<S> <C> <C> <C> <C>
Net income $ 574 $ 494 $1,953 $1,667
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Weighted average common
shares outstanding 8,547 8,592 8,704 8,543
Add - Dilutive effect of outstanding
options (as determined by the
application of the treasury stock method) -- -- -- --
------ ------ ------ ------
Weighted average common and
common equivalent
shares outstanding 8,547 8,592 8,704 8,543
====== ====== ====== ======
Basic and Diluted earnings per share: $ .07 $ .06 $ .22 $ .20
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A-12