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Exhibit 11.1
DEPARTMENT 56, INC.
COMPUTATION OF NET INCOME PER SHARE
(In thousands, except per share amounts)
| |
Quarter Ended April 1, 2000 |
Quarter Ended April 3, 1999 |
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|---|---|---|---|---|---|---|
| Basic: | ||||||
| Net (Loss)/Income | $ | (3,158 | ) | $ | 3,344 | |
| Weighted average number of common shares outstanding |
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14,941 |
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|
18,039 |
| Net (Loss)/Income per Common Share | $ | (0.21 | ) | $ | 0.19 | |
| Assuming Dilution: | ||||||
| Net (Loss)/Income | $ | (3,158 | ) | $ | 3,344 | |
| Weighted average number of common shares outstanding |
|
|
14,941 |
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|
18,039 |
| 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 | 63 | 246 | ||||
| Weighted average number of common and common equivalent shares | 15,004 | 18,285 | ||||
| Net (Loss)/Income per Common Share Assuming Dilution |
|
$ |
(0.21 |
) |
$ |
0.18 |
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