EXHIBIT 11 FLEMING COMPANIES, INC. EARNINGS PER SHARE COMPUTATION (In thousands, except per share amounts) YEAR ENDED -------------------------- DECEMBER 31, DECEMBER 25, 1994 1993 ------------ ------------ PRIMARY EARNINGS PER SHARE Reconciliation of net earnings from consolidated statements of earnings to amount used in primary earnings per share computation: Earnings before extraordinary loss applicable to common shares $56,169 $37,480 ======= ======= Weighted average shares outstanding used to compute primary earnings per share 37,254 36,801 Add share equivalents- shares issuable under stock option and stock purchase plans 160 26 ------- ------- Weighted average shares outstanding, as adjusted 37,414 36,827 ======= ======= Primary earnings per share before extraordinary loss $1.51(a) $1.02(a) ===== ===== <FN> (a) Agrees to the related amounts shown in the consolidated statements of earnings. EXHIBIT 11 (Continued) FLEMING COMPANIES, INC. EARNINGS PER SHARE COMPUTATION (In thousands, except per share amounts) YEAR ENDED -------------------------- DECEMBER 31, DECEMBER 25, 1994 1993 ------------ ------------ (PRIMARY EARNINGS PER SHARE, cont'd) Extraordinary loss $ 2,308 ======= Weighted average shares outstanding, as adjusted 36,827 ======= Loss per share related to extraordinary item $.06(a) ==== Earnings applicable to common shares $56,169 $35,172 ======= ======= Weighted average shares outstanding, as adjusted 37,414 36,827 ======= ======= Primary earnings per share $1.51(a) $.96(a) ===== ==== <FN> (a) Agrees to the related amounts shown in the consolidated statements of earnings.