Exhibit 11.1
AMF Bowling, Inc.
Computation of Earnings Per Common Share
(in thousands, except per share amounts)
For the Year Ended December 31,
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1998 1999 2000
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Shares
Weighted average number of
common shares outstanding 59,717 69,922 83,592
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Net loss before extraordinary items $ (125,894) $ (226,095) $ (200,485)
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Net loss $ (125,894) $ (162,234) $ (200,485)
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Net loss per share, basic and diluted:
Net loss per share before extraordinary items (a) $ (2.11) $ (3.23) $ (2.40)
Per share effect of extraordinary items (a) - 0.91 -
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Net loss per share (a) $ (2.11) $ (2.32) $ (2.40)
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(a) Outstanding stock options and warrants are not considered as their effect
is antidilutive.