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EXHIBIT 11
STATER BROS. HOLDINGS INC.
CALCULATION OF EARNINGS PER COMMON SHARE
(UNAUDITED)
(IN THOUSANDS, EXCEPT NUMBER OF SHARES AND PER SHARE AMOUNTS)
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<CAPTION>
13 Weeks Ended 39 Weeks Ended
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June 27, June 25, June 27, June 25,
1999 2000 1999 2000
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<S> <C> <C> <C> <C>
Net income (loss) $ 3,211 $ 1,874(1) $ 9,234 $ (7,227)(1)
Less preferred dividends -- -- -- --
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Net income (loss) available to common shareholders $ 3,211 $ 1,874 $ 9,234 $ (7,227)
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Earnings (loss) per common share $ 64.22 $ 37.48 $ 184.68 $(144.54)
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Average common shares outstanding 50,000 50,000 50,000 50,000
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Common shares outstanding at end of period 50,000 50,000 50,000 50,000
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(1) Reflects a one-time extraordinary gain of $1.1 million ($1.9 million net of
tax effect of $0.8 million) connected with the retirement of bonds.