<PAGE>
EXHIBIT 11
KENT ELECTRONICS CORPORATION AND SUBSIDIARIES
COMPUTATION OF EARNINGS PER SHARE FROM CONTINUING OPERATIONS
(In thousands, except per share data)
<TABLE>
<CAPTION>
For the Thirteen Weeks Ended For the Thirteen Weeks Ended
September 30, 2000 October 2, 1999
---------------------------------------- ----------------------------------------
Per-Share Per-Share
Earnings Shares Amount Earnings Shares Amount
--------------- ------ --------- --------------- ------ ---------
<S> <C> <C> <C> <C> <C> <C>
BASIC EARNINGS PER SHARE
Earnings from continuing operations $ 6,794 28,508 $0.24 $2,449 27,993 $0.09
===== =====
EFFECT OF DILUTIVE SECURITIES
Excess of shares issuable upon
exercise of stock options over
shares deemed retired utilizing
the treasury stock method - 1,167 - 747
------- ------ ------ ------
DILUTED EARNINGS PER SHARE
Earnings from continuing operations
plus assumed conversions $ 6,794 29,675 $0.23 $2,449 28,740 $0.09
======= ====== ===== ====== ====== =====
For the Twenty-Six Weeks Ended For the Twenty-Six Weeks Ended
September 30, 2000 October 2, 1999
---------------------------------------- ----------------------------------------
Per-Share Per-Share
Earnings Shares Amount Earnings Shares Amount
--------------- ------ --------- --------------- ------ ---------
<S> <C> <C> <C> <C> <C> <C>
BASIC EARNINGS PER SHARE
Earnings from continuing operations $12,712 28,446 $0.45 $5,245 27,984 $0.19
===== =====
EFFECT OF DILUTIVE SECURITIES
Excess of shares issuable upon
exercise of stock options over
shares deemed retired utilizing
the treasury stock method - 1,190 - 550
------- ------ ------ ------
DILUTED EARNINGS PER SHARE
Earnings from continuing operations
plus assumed conversions $12,712 29,636 $0.43 $5,245 28,534 $0.18
======= ====== ===== ====== ====== =====
</TABLE>