Exhibit 11.1
PRICESMART, INC.
COMPUTATION OF NET INCOME OR LOSS PER COMMON SHARE (BASIC AND
DILUTED) (AMOUNTS IN THOUSANDS, EXCEPT SHARE DATA)
Years Ended August 31,
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2000 1999 1998
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Net income (loss) used for basic and
diluted computation $ (5,444) $ (3,892) $ 3,028
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Weighted average number of common
shares outstanding 5,386,129 5,119,911 5,912,375
Add:
Assumed exercise of those options
that are common stock equivalents - - 150,085
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Adjusted shares outstanding used for
diluted computation 5,386,129 5,119,911 6,062,460
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Earnings (loss) per share:
Basic $ (1.01) $ (0.76) $ 0.51
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Diluted $ (1.01) $ (0.76) $ 0.50
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