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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 Nine Months Ended
July 2, June 27, July 2, June 27,
2000 1999 2000 1999
(13 Weeks) (39 Weeks)
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CALCULATION OF EARNINGS PER COMMON SHARE-BASIC:
Net earnings $ 34,913 $ 24,635 $ 93,068 $ 69,326
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Weighted average common shares and
common stock units outstanding 186,520 182,781 184,911 181,397
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Net earnings per common share-basic $ 0.19 $ 0.13 $ 0.50 $ 0.38
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CALCULATION OF EARNINGS PER COMMON AND
COMMON EQUIVALENT SHARE-DILUTED:
Net earnings $ 34,913 $ 24,635 $ 93,068 $ 69,326
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Weighted average shares outstanding
calculation:
Weighted average common shares
and common stock units outstanding 186,520 182,781 184,911 181,397
Dilutive effect of outstanding common
stock options 7,361 8,555 7,188 7,217
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Weighted average common and common
equivalent shares outstanding 193,881 191,336 192,099 188,614
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Net earnings per common and
common equivalent share-diluted $ 0.18 $ 0.13 $ 0.48 $ 0.37
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