EX-11.2 3 exhibit112-2012q3.htm EPS - BASIC Exhibit 11.2 - 2012 Q3


EXHIBIT 11.2

CPI Corp.
Computation of Per Common Share Loss - Basic
(Unaudited)


in thousands, except share and per share data
16 Weeks Ended
 
40 Weeks Ended
 
November 10, 2012
 
November 12, 2011
 
November 10, 2012
 
November 12, 2011
Net loss applicable to common shares:
 
 
 
 
 
 
 
From continuing operations
$
(20,109
)
 
$
(6,420
)
 
$
(57,956
)
 
$
(11,527
)
From discontinued operations
(120
)
 
(830
)
 
(2,076
)
 
(1,220
)
 
 
 
 
 
 
 
 
Net loss
$
(20,229
)
 
$
(7,250
)
 
$
(60,032
)
 
$
(12,747
)
 
 
 
 
 
 
 
 
Shares:
 
 
 
 
 
 
 
Weighted average number of common shares outstanding
9,097,361

 
9,136,901

 
9,103,869

 
9,123,898

Less: Treasury stock - weighted average
(1,897,043
)
 
(2,097,043
)
 
(1,985,614
)
 
(2,097,043
)
 
 
 
 
 
 
 
 
Weighted average number of common and common equivalent shares outstanding
7,200,318

 
7,039,858

 
7,118,255

 
7,026,855

 
 
 
 
 
 
 
 
Net loss per common and common equivalent shares:
 
 
 
 
 
 
 
From continuing operations
$
(2.79
)
 
$
(0.91
)
 
$
(8.14
)
 
$
(1.64
)
From discontinued operations
(0.02
)
 
(0.12
)
 
(0.29
)
 
(0.17
)
 
 
 
 
 
 
 
 
Net loss per common share
$
(2.81
)
 
$
(1.03
)
 
$
(8.43
)
 
$
(1.81
)