EX-11 4 ex11.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 Thirty-nine weeks ended ---------------------------------- ------------------------------------ Nov. 3, 2001 Oct. 28, 2000 Nov. 3, 2001 Oct. 28, 2000 -------------- --------------- -------------- -------------- (a) Net earnings (loss) before extraordinary item.... $11,016 $ (62,271) $32,408 $ (54,455) ---------------------------------------------------------------------------------------------------------------------------------- (b) Adjusted net earnings (loss) before extraordinary item............................. $11,016 $ (62,271) $32,408 $ (54,455) ---------------------------------------------------------------------------------------------------------------------------------- (c) Average number of common shares outstanding during the period.............................. 51,375 51,112 51,328 51,055 Common shares assumed issued upon exercise of dilutive stock options, net of assumed repurchase, at the average market price........ 879 - 523 - ---------------------------------------------------------------------------------------------------------------------------------- (d) Average number of common shares assumed outstanding during the period.................. 52,254 51,112 51,851 51,055 ---------------------------------------------------------------------------------------------------------------------------------- Basic Earnings (Loss) per Share: Before Extraordinary item (a/c).................. $ .21 $ (1.22) $ .63 $ (1.07) Extraordinary item............................... (.02) (.02) (.02) .04 ---------------------------------------------------------------------------------------------------------------------------------- Basic Earnings (Loss) per Share $ .19 $ (1.24) $ .61 $ (1.03) ---------------------------------------------------------------------------------------------------------------------------------- Diluted Earnings (Loss) per Share: Before Extraordinary item (b/d).................. $ .21 $ .21 $ .63 $ (1.07) Extraordinary item............................... (.02) (.02) (.02) .04 ---------------------------------------------------------------------------------------------------------------------------------- Diluted Earnings (Loss) per Share $ .19 $ .19 $ .61 $ (1.03) ----------------------------------------------------------------------------------------------------------------------------------