EXHIBIT (11)
LIQUI-BOX CORPORATION
STATEMENT RE COMPUTATION OF EARNINGS PER SHARE
Thirteen Weeks Ended
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March 30, April 1,
1996 1995
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Primary:
Weighted average number of common
shares outstanding .......................... 6,115,866 6,266,804
Net effect of dilutive stock options--
based on treasury stock method
using average market price .................. 181,372 132,516
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Weighted average common and
common equivalent shares .................... 6,297,238 6,399,320
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Net Income ....................................... $3,141,000 $2,356,000
Earnings per common and
common equivalent share ..................... $ 0.50 $ 0.37
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Fully Diluted:
Weighted average number of common
shares outstanding .......................... 6,115,866 6,266,804
Net effect of dilutive stock options--
based on treasury stock method
using the quarter-end market price
if higher than average market price ......... 181,372 136,872
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Fully Diluted Shares ............................. 6,297,238 6,403,676
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Net Income ....................................... $3,141,000 $2,356,000
Earnings per share
assuming full dilution ...................... $ 0.50 $ 0.37
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