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 Thirty-Nine Weeks Ended September 30, October 2, September 30, October 2, 2000 1999 2000 1999 -------------- -------------- ---------------- ----------- (Unaudited) (Unaudited) Basic Weighted-average number of shares outstanding 39,965 39,395 39,706 39,305 ============== ============== =============== =========== Net income applicable to common shares $18,406 $14,662 $30,408 $23,360 ============== ============== =============== =========== Per share amounts Net income per share $0.46 $0.37 $0.77 $0.59 ============== ============== =============== =========== Diluted Basic weighted-average number of shares outstanding 39,965 39,395 39,706 39,305 Effect of outstanding stock options and deferred stock grants 846 1,545 910 1,654 -------------- -------------- --------------- ----------- Diluted weighted-average number of shares outstanding 40,811 40,940 40,616 40,959 ============== ============== =============== =========== Net income applicable to common shares $18,406 $14,662 $30,408 $23,360 ============== ============== =============== =========== Per share amounts Net income per share $0.45 $0.36 $0.75 $0.57 ============== ============== =============== ===========