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EXHIBIT 11
J. BAKER, INC. AND SUBSIDIARIES
Computation of Net Earnings Per Common Share*
(Unaudited)
Quarters Ended
April 29, May 1,
2000 1999
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Net Earnings Per Common Share:
Net earnings, basic and diluted $ 1,544,881 $ 979,990
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Weighted average common
shares outstanding, basic 14,067,526 14,064,526
Effect of dilutive securities:
Stock options and warrants 413,569 84,943
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Weighted average common
shares outstanding, diluted 14,481,095 14,149,469
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Net earnings per common share, basic $ 0.110 $ 0.070
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Net earnings per common share, diluted $ 0.107 $ 0.069
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* This calculation is submitted in accordance with Item 601(b)(11) of Regulation
S-K.
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