EX-11 2 exhibit11.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) (unaudited) Thirteen Weeks Ended March 31, April 1, 2001 2000 -------------- -------------- Basic Weighted-average number of shares outstanding 40,335 39,482 ============== ============== Net income applicable to common shares $ 4,693 $ 5,055 ============== ============== Per share amounts Net income per share $ 0.12 $ 0.13 ============== ============== Diluted Basic weighted-average number of shares outstanding 40,335 39,482 Effect of outstanding stock options and deferred stock grants 990 936 -------------- -------------- Diluted weighted-average number of shares outstanding 41,325 40,418 ============== ============== Net income applicable to common shares $ 4,693 $ 5,055 ============== ============== Per share amounts Net income per share $ 0.11 $ 0.13 ============== ==============