EX-11 2 l09037aexv11.txt EX-11 COMPUTATION OF PER SHARE EARNINGS Exhibit 11 MONRO MUFFLER BRAKE, INC. 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 ------------------------- 2004 2003 -------- -------- (DOLLARS IN THOUSANDS, EXCEPT PER SHARE DATA) DILUTED EARNINGS Net income available to common shares $ 6,974 $ 5,919 ======== ======== SHARES Weighted average number of common shares 13,332 13,215 Treasury Stock (325) (325) Assuming conversion of Class C Convertible Preferred Stock 676 676 Dilutive effect of outstanding options 837 815 -------- -------- Weighted average common shares outstanding - assuming dilution 14,520 14,381 ======== ======== DILUTED EARNINGS PER SHARE $ .48 $ .41 ======== ======== BASIC EARNINGS Net income available to common shares $ 6,974 $ 5,919 ======== ======== SHARES Weighted average number of common shares - basic 13,007 12,890 ======== ======== BASIC EARNINGS PER SHARE $ .54 $ .46 ======== ========
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