EX-11 3 l90988aex11.txt EXHIBIT 11 MONRO MUFFLER BRAKE, INC. Exhibit 11 STATEMENT OF COMPUTATION OF PER SHARE EARNINGS Earnings per share for each period was computed by dividing net income for such period by the weighted average number of shares of Common Stock and common stock equivalents outstanding during such period.
FOR THE QUARTER ENDED FOR THE SIX MONTHS ENDED FISCAL SEPTEMBER FISCAL SEPTEMBER 2001 2000 2001 2000 ---- ---- ---- ---- (DOLLARS IN THOUSANDS, EXCEPT PER SHARE DATA) DILUTED EARNINGS Net Income $ 3,693 $ 3,472 $ 7,546 $ 6,919 ========= ========= ========= ========= SHARES Weighted average number of common shares 8,412 8,323 8,394 8,322 Treasury Stock (217) (126) (217) (122) Assuming conversion of Class C Convertible Preferred Stock 636 636 636 636 Dilutive effect of outstanding options 209 97 197 70 --------- --------- --------- --------- Total common and common equivalent shares 9,040 8,930 9,010 8,906 ========= ========= ========= ========= DILUTED EARNINGS PER SHARE $ .41 $ .39 $ .84 $ .78 ========= ========= ========= ========= BASIC EARNINGS Net Income $ 3,693 $ 3,472 $ 7,546 $ 6,919 ========= ========= ========= ========= SHARES Weighted average number of common shares 8,196 8,197 8,177 8,200 ========= ========= ========= ========= BASIC EARNINGS PER SHARE $ .45 $ .42 $ .92 $ .84 ========= ========= ========= =========
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