EX-11 3 l95420aexv11.txt EXHIBIT 11 Exhibit 11 MONRO MUFFLER BRAKE, INC. STATEMENT OF COMPUTATION OF PER SHARE EARNINGS (UNAUDITED) 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. QUARTER ENDED FISCAL JUNE 2002 2001 ---- ---- (DOLLARS IN THOUSANDS, EXCEPT PER SHARE DATA) DILUTED EARNINGS Net income available to common shares $3,911 $3,853 =========== ============ SHARES Weighted average number of common shares 8,515 8,376 Treasury Stock (217) (217) Assuming conversion of Class C Convertible Preferred Stock 599 636 Dilutive effect of outstanding options 492 190 ----------- ------------ Total common and common equivalent shares 9,389 8,985 =========== ============ DILUTED EARNINGS PER SHARE $ .42 $ .43 =========== ============ BASIC EARNINGS Net income available to common shares $3,911 $3,853 =========== ============ SHARES Weighted average number of common shares 8,298 8,159 =========== ============ BASIC EARNINGS PER SHARE $ .47 $ .47 =========== ============
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