EX-11.01 5 ex11-01.txt EXHIBIT 11.01 1 MONRO MUFFLER BRAKE, INC. & SUBSIDIARY EXHIBIT 11.01 COMPUTATION OF PER SHARE EARNINGS -------------------------------------------------------------------------------- Net income per share was computed by dividing net income by the weighted average number of common and common equivalent shares outstanding. YEAR ENDED MARCH 31, 2000 1999 1998 ------- -------- ------- (DOLLARS IN THOUSANDS, EXCEPT PER SHARE DATA) DILUTED EARNINGS Net income available to common shares $ 8,207 $ 4,746 $ 9,854 ======= ======= ======= SHARES Weighted average number of common shares 8,322 8,317 8,256 Treasury stock (17) Assuming conversion of Class C Convertible Preferred Stock 636 636 636 Dilutive effect of outstanding options 23 44 124 ------- ------- ------- Total common and common equivalent shares 8,964 8,997 9,016 ======= ======= ======= DILUTED EARNINGS PER SHARE $ .92 $ .53 $ 1.09 ======= ======= ======= BASIC EARNINGS Net income available to common shares $ 8,207 $ 4,746 $ 9,854 ======= ======= ======= SHARES Weighted average number of common shares 8,305 8,317 8,256 ======= ======= ======= BASIC EARNINGS PER SHARE $ .99 $ .57 $ 1.19 ======= ======= =======