EX-11 3 l02565aexv11.txt EX-11 STATEMENT OF COMPUTATION OF PER SHARE EARNGS 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 appropriate weighted average number of common shares outstanding during such period.
QUARTER ENDED FISCAL JUNE 2003 2002 ---- ---- RESTATED (DOLLARS IN THOUSANDS, EXCEPT PER SHARE DATA) DILUTED ------- EARNINGS Net income available to common shares $5,919 $3,956 =========== ============ SHARES Weighted average number of common shares 8,810 8,515 Treasury Stock (217) (217) Assuming conversion of Class C Convertible Preferred Stock 451 599 Dilutive effect of outstanding options 543 492 ----------- ------------ Weighted average common shares outstanding - assuming dilution 9,587 9,389 =========== ============ DILUTED EARNINGS PER SHARE $ .62 $ .42 =========== ============ BASIC ----- EARNINGS Net income available to common shares $5,919 $3,956 =========== ============ SHARES Weighted average number of common shares - basic 8,593 8,298 =========== ============ BASIC EARNINGS PER SHARE $ .69 $ .48 =========== ============
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