OIL DRI CORPORATION OF AMERICA
10-K405, EX-11, 2000-10-25
MISCELLANEOUS MANUFACTURING INDUSTRIES
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Exhibit 11

                         OIL-DRI CORPORATION OF AMERICA
                       COMPUTATION OF NET INCOME PER SHARE
                   (IN THOUSANDS EXCEPT FOR PER SHARE AMOUNTS)


<TABLE>
<CAPTION>
                                                            YEAR ENDED JULY 31
                                                            ------------------
                                            2000        1999       1998       1997        1996
                                            ----        ----       ----       ----        ----
<S>                                        <C>         <C>        <C>        <C>         <C>
Net income available to stockholders       $2,227      $7,176     $4,723     $6,793      $3,374
   (numerator)                             ======      ======     ======     ======      ======

Shares Calculation
   (denominator)

Average shares outstanding -
   basic                                    5,647       5,827      6,125      6,596       6,806

Effect of Dilutive Securities:

Potential Common Stock relating
   to stock options                            30         169         40          3           1
                                           ------      ------     ------     ------      ------

Average shares outstanding -
   assuming dilution                        5,677       5,996      6,165      6,599       6,807
                                           ======      ======     ======     ======      ======

Net Income Per Share:
   Basic                                   $ 0.39      $ 1.23     $ 0.77     $ 1.03      $ 0.50
                                           ======      ======     ======     ======      ======

   Dilutive                                $ 0.39      $ 1.20     $ 0.77     $ 1.03      $ 0.50
                                           ======      ======     ======     ======      ======
</TABLE>




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