EXHIBIT 11.1
Carson Pirie Scott & Co. and Subsidiaries
Computation of Per Share Earnings
(dollars in thousands, except per share amounts)
Three months ended
---------------------------------
November 2, October 28,
1996 1995
---------------------------------
Net income(loss) ($1,189) $4,077
========== =========
Primary:
Weighted average number of
common shares outstanding 16,044,165 16,354,881
Weighted average number of
common share equivalents--
stock options - 374,653
----------- ---------
Total common and
common share equivalents 16,044,165 16,729,534
----------- -----------
Primary net income(loss) per share ($0.07) $0.24
========== ==========
Fully Diluted:
Weighted average number of
common shares outstanding 16,044,165 16,354,881
Weighted average number of
common share equivalents--
stock options - 374,653
---------- ---------
Total common and common
share equivalents 16,044,165 16,729,534
----------- -----------
Fully diluted net
income (loss) per share ($0.07) $0.24
=========== ===========
Primary net income (loss) per share was computed using the treasury
stock method, assuming common share purchases at the average
market price of the common shares for the period.
Fully diluted net income (loss) per share was computed using the
treasury stock method, assuming common share purchases at the
greater of the average market price of the common shares for the
period or the ending price of the common shares.
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Carson Pirie Scott & Co. and Subsidiaries
Computation of Per Share Earnings
(dollars in thousands, except per share amounts)
Nine months ended
---------------------------------
November 2, October 28,
1996 1995
---------------------------------
Net income $11,277 $41,114
========= =========
Primary:
Weighted average number of
common shares outstanding 16,197,693 17,058,698
Weighted average number of
common share equivalents--
stock options 522,404 319,474
----------- ---------
Total common and
common share equivalents 16,720,097 17,378,172
----------- -----------
Primary net income per share $0.67 $2.37
========== ==========
Fully Diluted:
Weighted average number of
common shares outstanding 16,197,693 17,058,698
Weighted average number of
common share equivalents--
stock options 542,349 319,474
---------- ---------
Total common and common
share equivalents 16,740,042 17,378,172
----------- -----------
Fully diluted net
income per share $0.67 $2.37
=========== ===========
Primary net income per share was computed using the treasury
stock method, assuming common share purchases at the average
market price of the common shares for the period.
Fully diluted net income per share was computed using the
treasury stock method, assuming common share purchases at the
greater of the average market price of the common shares for the
period or the ending price of the common shares.
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