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STARBUCKS CORPORATION
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EXHIBIT 11 - COMPUTATION OF PER SHARE EARNINGS
(IN THOUSANDS, EXCEPT EARNINGS PER SHARE)
Three Months Ended Six Months Ended
April 2, March 28, April 2, March 28,
2000 1999 2000 1999
(13 Weeks) (26 Weeks)
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CALCULATION OF EARNINGS PER COMMON SHARE-BASIC:
Net earnings $ 23,406 $ 17,957 $ 58,155 $ 44,691
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Weighted average common shares and
common stock units outstanding 184,785 181,370 184,106 180,706
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Net earnings per common share-basic $ 0.13 $ 0.10 $ 0.32 $ 0.25
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CALCULATION OF EARNINGS PER COMMON AND
COMMON EQUIVALENT SHARE-DILUTED:
Net earnings $ 23,406 $ 17,957 $ 58,155 $ 44,691
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Weighted average shares outstanding
calculation:
Weighted average common shares
and common stock units outstanding 184,785 181,370 184,106 180,706
Dilutive effect of outstanding common
stock options 7,632 6,979 6,935 6,211
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Weighted average common and common
equivalent shares outstanding 192,417 188,349 191,041 186,917
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Net earnings per common and
common equivalent share-diluted $ 0.12 $ 0.10 $ 0.30 $ 0.24
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