EX-11 3 cpiex11.txt CPI CORP. EARNINGS PER SHARE EXHIBIT 11 EXHIBIT 11.0 - COMPUTATION OF EARNINGS PER SHARE CPI CORP. COMPUTATION OF EARNINGS PER COMMON SHARE - DILUTED (in thousands of dollars or shares except per share amounts) Twelve Weeks Ended April 28, 2001 and April 29, 2000
Twelve Weeks Ended ------------------- April 28, April 29, 2001 2000 --------- --------- Diluted: Net earnings applicable to common shares $ 41 $ 2,180 ======== ========= Shares: Weighted average number of common shares outstanding 17,932 17,820 Shares issuable under employee stock plans - weighted average 37 31 Dilutive effect of exercise of certain stock options 102 206 Less: Treasury stock - weighted average (10,242) (9,587) -------- ------- Weighted average number of common and common equivalent shares outstanding 7,829 8,470 ======== ======= Net earnings per common and common equivalent shares $ 0.01 $ 0.26 ======== =======
CPI CORP. COMPUTATION OF EARNINGS PER COMMON SHARE-BASIC (in thousands of dollars and shares except per share amounts) Twelve Weeks Ended April 28, 2001 and April 29, 2000
Twelve Weeks Ended ------------------- April 28, April 29, 2001 2000 --------- --------- Basic: Net earnings applicable to common shares $ 41 $ 2,180 ======== ========= Shares: Weighted average number of common shares outstanding 17,932 17,820 Less: Treasury stock - weighted average (10,242) (9,587) -------- ------- Weighted average number of common and common equivalent shares outstanding 7,690 8,233 ======== ======= Net earnings per common and common equivalent shares $ 0.01 $ 0.26 ======== =======