EXHIBIT 11.1
BEST BUY CO., INC.
COMPUTATION OF NET EARNINGS PER COMMON SHARE
(Amounts in 000, except per share amounts)
(unaudited)
Three Months Ended Six Months Ended
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August 26, August 27, August 26, August 27,
1995 1994 1995 1994
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Earnings:
Net earnings available to common shares $ 5,714 $ 7,600 $ 10,386 $ 11,841
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Shares:
Weighted average common shares
outstanding 42,639 41,946 42,509 41,864
Adjustments:
Assumed issuance of shares purchased
under stock option plans 984 1,262 1,113 1,362
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Total common equivalent shares 43,623 43,208 43,622 43,226
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Net earnings per common share $ .13 $ .18 $ .24 $ .27
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Note: The computation of earnings per common share assuming full
dilution results in anti-dilution.