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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
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FOR THE FIRST FISCAL
QUARTER ENDED
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APRIL 29, MAY 1,
2000 1999
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Net income (loss) ......................................... $(2,881) $ 97
Weighted average shares ................................... 4,896 4,855
Dilutive options ........................................ 7 36
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Total shares for Diluted EPS purposes ..................... 4,903 4,891
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Earnings (loss) per share:
Basic and diluted ...................................... $ (0.59) $ 0.02
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