EX-11 7 ex11.txt COMPUTATION OF EARNINGS PER SHARE 1 EXHIBIT 11 KENT ELECTRONICS CORPORATION AND SUBSIDIARIES COMPUTATION OF EARNINGS PER SHARE (IN THOUSANDS, EXCEPT PER SHARE DATA)
Fiscal Years Ended ----------------------------------------------------------------------- April 1, 2000 April 3, 1999 ----------------------------------------------------------------------- Per- Per- Share Share Income Shares Amount Income Shares Amount ------- ------- ------- ------- ------- ------- BASIC EARNINGS PER SHARE Net Earnings $18,251 28,062 $ 0.65 $ 182 27,674 $ 0.01 ======= ======= EFFECT OF DILUTIVE SECURITIES Excess of shares issuable upon exercise of stock options over shares deemed retired utilizing the treasury stock method -- 826 -- -- 425 -- ------- ------- ------- ------- ------- ------- DILUTED EARNINGS PER SHARE Net earnings plus assumed conversions $18,251 28,888 $ 0.63 $ 182 28,099 $ 0.01 ======= ======= ======= ======= ======= =======
Fiscal Years Ended -------------------------------- March 28, 1998 -------------------------------- Per- Share Income Shares Amount ------- ------- ------- BASIC EARNINGS PER SHARE Net Earnings $35,426 26,598 $ 1.33 ======= EFFECT OF DILUTIVE SECURITIES Excess of shares issuable upon exercise of stock options over shares deemed retired utilizing the treasury stock method -- 1,499 -- ------- ------- ------- DILUTED EARNINGS PER SHARE Net earnings plus assumed conversions $35,426 28,097 $ 1.26 ======= ======= =======