EX-11.1 119 a2146609zex-11_1.txt EXHIBIT 11.1 Exhibit 11.1 THE JEAN COUTU GROUP (PJC) INC. STATEMENT OF RE COMPUTATION OF PER SHARE EARNINGS
3 MONTHS 13 WEEKS PERIOD ENDED PERIOD ENDED ------------------------------- AUGUST 31 AUGUST 28 2002 2003 2004 2003 2004 ---------------------------------------------------------------------------------- CANADIAN GAAP Net income $ 86,874 $ 104,784 $ 132,683 $ 31,538 $ 22,302 ================================================================================== Weighted average number of shares used to compute basic earnings per share 225,175,874 226,052,767 226,812,864 226,593,001 238,313,629 Dilution effect 2,091,616 1,637,382 1,204,894 1,255,101 1,176,680 ---------------------------------------------------------------------------------- Weighted average number of shares used to compute diluted earnings per share 227,267,490 227,690,149 228,017,758 227,848,102 239,490,309 ================================================================================== Net income per share: Basic $ 0.39 $ 0.46 $ 0.58 $ 0.14 $ 0.09 ================================================================================== Diluted $ 0.38 $ 0.46 $ 0.58 $ 0.14 $ 0.09 ================================================================================== U.S. GAAP Net income $ 86,060 $ 102,251 $ 131,243 $ 31,206 $ 23,387 ================================================================================== Weighted average number of shares used to compute basic earnings per share 225,175,874 226,052,767 226,812,864 226,593,001 238,313,629 Dilution effect 2,091,616 1,637,382 1,204,894 1,255,101 1,176,680 ---------------------------------------------------------------------------------- Weighted average number of shares used to compute diluted earnings per share 227,267,490 227,690,149 228,017,758 227,848,102 239,490,309 ================================================================================== Net income per share: Basic $ 0.38 $ 0.45 $ 0.58 $ 0.14 $ 0.09 ================================================================================== Diluted $ 0.38 $ 0.45 $ 0.58 $ 0.14 $ 0.09 ==================================================================================