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Exhibit 11.1
DEPARTMENT 56, INC.
COMPUTATION OF NET INCOME PER SHARE
(In thousands, except per share amounts)
| |
Quarter Ended October 2, 1999 |
Quarter Ended October 3, 1998 |
||||
|---|---|---|---|---|---|---|
| Basic: | ||||||
| Net Income | $ | 14,959 | $ | 14,991 | ||
| Weighted average number of common shares outstanding | 16,944 | 18,295 | ||||
| Net Income per Common Share |
|
$ |
0.88 |
|
$ |
0.82 |
| Assuming Dilution: | ||||||
| Net Income | $ | 14,959 | $ | 14,991 | ||
| Weighted average number of common shares outstanding | 16,944 | 18,295 | ||||
| The number of shares resulting from the assumed exercise of stock options reduced by the number of shares which could have been purchased with the proceeds from such exercise, using the average market price during the period |
|
|
168 |
|
|
262 |
| Weighted average number of common and common equivalent shares | 17,112 | 18,557 | ||||
| Net Income per Common Share Assuming Dilution | $ | 0.87 | $ | 0.81 | ||
Exhibit 11.1
DEPARTMENT 56, INC.
COMPUTATION OF NET INCOME PER SHARE
(In thousands, except per share amounts)
| |
39 Weeks Ended October 2, 1999 |
39 Weeks Ended October 3, 1998 |
||||
|---|---|---|---|---|---|---|
| Basic: | ||||||
| Net Income | $ | 37,041 | $ | 39,601 | ||
| Weighted average number of common shares outstanding | 17,564 | 18,890 | ||||
| Net Income per Common Share |
|
$ |
2.11 |
|
$ |
2.10 |
| Assuming Dilution: | ||||||
| Net Income | $ | 37,041 | $ | 39,601 | ||
| Weighted average number of common shares outstanding | 17,564 | 18,890 | ||||
| The number of shares resulting from the assumed exercise of stock options reduced by the number of shares which could have been purchased with the proceeds from such exercise, using the average market price during the period |
|
|
207 |
|
|
294 |
| Weighted average number of common and common equivalent shares | 17,771 | 19,184 | ||||
| Net Income per Common Share Assuming Dilution | $ | 2.08 | $ | 2.06 | ||
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