DAIRY MART CONVENIENCE STORES INC
10-Q, EX-11, 2000-09-12
CONVENIENCE STORES
Previous: DAIRY MART CONVENIENCE STORES INC, 10-Q, EX-10.1.1, 2000-09-12
Next: DAIRY MART CONVENIENCE STORES INC, 10-Q, EX-27, 2000-09-12



<PAGE>   1
                                                                      EXHIBIT 11

              DAIRY MART CONVENIENCE STORES, INC. AND SUBSIDIARIES
                STATEMENT RE: COMPUTATIONS OF PER-SHARE EARNINGS
                    (in thousands, except per share amounts)

                        CALCULATION OF EARNINGS PER SHARE

<TABLE>
<CAPTION>
                                                        For the Second Fiscal               For the Two Fiscal
                                                            Quarter Ended                     Quarters Ended
                                                            -------------                     --------------

                                                      July 29,         July 31,          July 29,          July 31,
                                                        2000             1999              2000              1999
                                                       ------           ------           --------           ------

<S>                                                   <C>              <C>               <C>               <C>
Net income (loss)  .........................           $   94           $1,156           $(2,788)           $1,254

Weighted average shares ....................            4,918            4,862             4,907             4,858
  Dilutive options .........................              221               84               114                61

                                                       -----------------------------------------------------------
Total shares for EPS purposes ..............            5,139            4,946             5,021             4,919
                                                       -----------------------------------------------------------

Earnings (loss) per share - Basic ..........           $ 0.02           $ 0.24           $ (0.57)           $ 0.26
Earnings (loss) per share - Diluted ........           $ 0.02           $ 0.23           $ (0.57)           $ 0.25
                                                       -----------------------------------------------------------
</TABLE>









                                      -23-


© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission