Exhibit 11.1
Bell & Howell Company and Subsidiaries
Computation of Earnings (Loss) per Common Share
(Dollars and shares in thousands, except per share data)
(Unaudited)
Thirteen Weeks Twenty-six Weeks
Ended Ended
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July 1, June 29, July 1, June 29,
1995 1996 1995 1996
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Net earnings (loss):
Earnings before extraordinary items $ 998 $ 3,344 $ 515 $ 5,197
Extraordinary losses (3,219) (2,585) (3,219) (2,585)
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Net earnings (loss) $(2,221) $ 759 $(2,704) $ 2,612
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Average number of common shares and
equivalents outstanding:
Primary 16,351 18,636 14,840 18,601
Fully diluted 16,351 18,636 14,840 18,626
Net earnings (loss) per common share:
Primary:
Earnings (loss) before extraordinary
items $ 0.06 $ 0.18 $ 0.04 $ 0.28
Extraordinary losses (0.20) (0.14) (0.22) (0.14)
------ ------ ------ ------
Net earnings (loss) per common share $ (0.14) $ 0.04 $ (0.18) $ 0.14
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Fully diluted:
Earnings (loss) before extraordinary
items $ 0.06 $ 0.18 $ 0.04 $ 0.28
Extraordinary losses (0.20) (0.14) (0.22) (0.14)
------ ------ ------ ------
Net earnings (loss) per common share $ (0.14) $ 0.04 $ (0.18) $ 0.14
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