EX-11 3 l05527aexv11.txt STATEMENT OF COMPUTATION 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 NINE MONTHS ENDED FISCAL DECEMBER FISCAL DECEMBER --------------- --------------- 2003 2002 2003 2002 ---- ---- ---- ---- RESTATED (DOLLARS IN THOUSANDS, EXCEPT PER SHARE DATA) DILUTED EARNINGS Net Income $ 3,031 $ 2,413 $ 14,847 $ 11,274 =========== =========== ============ ============ SHARES Weighted average number of common shares 13,301 13,089 13,269 12,981 Treasury Stock (325) (325) (325) (325) Assuming conversion of Class C Convertible Preferred Stock 675 675 675 752 Dilutive effect of outstanding options 961 598 918 673 ----------- ----------- ------------ ------------ Weighted average number of common shares 14,612 14,037 14,537 14,081 =========== =========== ============ ============ DILUTED EARNINGS PER SHARE $ .21 $ .17 $ 1.02 $ .80 =========== =========== ============ ============ BASIC EARNINGS Net Income $ 3,031 $ 2,413 $ 14,847 $ 11,274 =========== =========== ============ ============ SHARES Weighted average number of common shares (net of treasury stock) 12,976 12,764 12,944 12,656 =========== =========== ============ ============ BASIC EARNINGS PER SHARE $ .23 $ .19 $ 1.15 $ .89 =========== =========== ============ ============
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