EXHIBIT 11
FRED MEYER, INC. AND SUBSIDIARIES
COMPUTATION OF EARNINGS PER COMMON SHARE
(in thousands, except per share amounts)
(unaudited)
52 Weeks Ended
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Jan. 28, Jan. 29, Jan. 30,
1995 1994 1993
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Weighted average number
of shares outstanding. . . . . . . . . . 26,514 25,878 24,874
Weighted average number
of shares under option . . . . . . . . . 3,452 4,032 4,108
Shares assumed to have
been purchased under the
treasury stock method. . . . . . . . . . (1,341) (1,535) (1,536)
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Weighted average number
of common and common
equivalent shares outstanding. . . . . . 28,625 28,375 27,446
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Net income before the effect
of an accounting change. . . . . . . . . $7,168 $70,904 $60,587
Effect of an accounting change . . . . . . --- (2,588) ---
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Net income (loss). . . . . . . . . . . . . $7,168 $68,316 $60,587
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Earnings per common share on:
Net income before the effect
of an accounting change. . . . . . . . $.25 $2.50 $2.21
Effect of an accounting change . . . . . --- (0.09) ---
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Net Income . . . . . . . . . . . . . . . . $.25 $2.41 $2.21
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