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STARBUCKS CORPORATION
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EXHIBIT 11 - COMPUTATION OF PER SHARE EARNINGS
(IN THOUSANDS, EXCEPT EARNINGS PER SHARE)
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Three Months Ended Nine Months Ended
July 2, June 27, July 2, June 27,
2000 1999 2000 1999
(13 Weeks) (39 Weeks)
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<S> <C> <C> <C> <C>
CALCULATION OF EARNINGS PER COMMON SHARE-BASIC:
Net earnings $ 34,913 $ 24,635 $ 93,068 $ 69,326
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Weighted average common shares and
common stock units outstanding 186,520 182,781 184,911 181,397
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Net earnings per common share-basic $ 0.19 $ 0.13 $ 0.50 $ 0.38
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CALCULATION OF EARNINGS PER COMMON AND
COMMON EQUIVALENT SHARE-DILUTED:
Net earnings $ 34,913 $ 24,635 $ 93,068 $ 69,326
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Weighted average shares outstanding
calculation:
Weighted average common shares
and common stock units outstanding 186,520 182,781 184,911 181,397
Dilutive effect of outstanding common
stock options 7,361 8,555 7,188 7,217
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Weighted average common and common
equivalent shares outstanding 193,881 191,336 192,099 188,614
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Net earnings per common and
common equivalent share-diluted $ 0.18 $ 0.13 $ 0.48 $ 0.37
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