EX-11 2 exh11.txt THE PEP BOYS - MANNY, MOE & JACK AND SUBSIDIARIES Exhibit 11 COMPUTATION OF NET EARNINGS PER SHARE (in thousands, except per share data) (UNAUDITED)
------------------------------------------------------------------------------------------ Thirteen weeks ended (in thousands, except per share data) ---------------------------------- May 5, 2001 April 29, 2000 -------------- -------------- (a) Net earnings before extraordinary item........... $ 9,108 $ 4,407 ------------------------------------------------------------------------------------------- (b) Average number of common shares outstanding during the period.............................. 51,266 50,998 Common shares assumed issued upon exercise of dilutive stock options, net of assumed repurchase, at the average market price........ - 3 ------------------------------------------------------------------------------------------- (c) Average number of common shares assumed outstanding during the period.................. 51,266 51,001 ------------------------------------------------------------------------------------------- Basic Earinings per Share: Before Extraordinary Item (a/b).................. $ .18 $ .09 Extraordinary Item............................... - .04 ------------------------------------------------------------------------------------------- Basic Earnings per Share: $ .18 $ .13 ------------------------------------------------------------------------------------------- Diluted Earnings per Share: Before Extraordinary Item (a/c).................. $ .18 $ .09 Extraordinary Item............................... - .04 ------------------------------------------------------------------------------------------- Diluted Earnings per Share: $ .18 $ .13 -------------------------------------------------------------------------------------------