EXHIBIT 11
InaCom Corp. and Subsidiaries
Computation of Earnings Per Share of Common Stock
(in thousands except per share amounts)
For the years ended
December 28, December 30, December 31,
1996 1995 1994
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PRIMARY EARNINGS
Earnings (loss) applicable
to common stock $18,733 $11,707 ($2,256)
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Weighted average common
shares outstanding 10,600 10,300 10,300
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Primary earnings (loss)
per share $1.76 $1.14 ($0.22)
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FULLY DILUTED EARNINGS
Earnings (loss) applicable
to common stock $18,733 $11,707 ($2,256)
Net interest expense related
to convertible debt 1,027 -- --
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Net income as adjusted $ 19,760 $11,707 ($2,256)
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Weighted average common
shares outstanding 10,600 10,300 10,300
Assuming conversion of
convertible debt 1,400 -- --
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Weighted average common
shares outstanding
as adjusted 12,000 10,300 10,300
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Fully diluted earnings
(loss) per share $1.64 $1.14 ($0.22)
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