EX-11 2 0002.txt COMPUTATION OF NET INCOME PER COMMON SHARE
LINENS 'N THINGS, INC. AND SUBSIDIARIES COMPUTATION OF NET INCOME PER COMMON SHARE (in thousands, except per share amounts) Thirteen Weeks Ended Twenty-Six Weeks Ended July 1, 2000 July 3, 1999 July 1, 2000 July 3, 1999 -------------- -------------- --------------- ------------- (Unaudited) Basic Weighted-average number of shares outstanding 39,672 39,362 39,577 39,259 ============== ============== =============== ============ Net income applicable to common shares $6,947 $5,103 $12,002 $8,698 ============== ============== =============== ============ Per share amounts Net income per share $0.18 $0.13 $0.30 $0.22 ============== ============== =============== ============ Diluted Basic weighted-average number of shares outstanding 39,672 39,362 39,577 39,259 Effect of outstanding stock options and deferred stock grants 949 1,712 189 1,709 -------------- -------------- --------------- ------------ Diluted weighted-average number of shares outstanding 40,621 41,074 39,766 40,968 ============== ============== =============== ============ Net income applicable to common shares $6,947 $5,103 $12,002 $8,698 ============== ============== =============== ============ Per share amounts Net income per share $0.17 $0.12 $0.30 $0.21 ============== ============== =============== ============