EXHIBIT 11.1 (a)
RICHFOOD HOLDINGS, INC.
COMPUTATION OF NET EARNINGS PER COMMON SHARE
(Dollar amounts in thousands, except per share data)
Third Quarter Ended
January 7, January 8,
1995 1994
(12 Weeks) (12 Weeks)
BASIC:
Weighted average number of
common shares outstanding 21,408,677 21,253,483
Earnings from continuing
operations $ 6,330 $ 5,405
Loss from discontinued
operation, net of income
tax - (389)
Net earnings $ 6,330 $ 5,016
Earnings per common share:
Continuing operations $ 0.30 $ 0.25
Discontinued operations - $(0.01)
Net earnings per common share $ 0.30 $ 0.24
========== ==========
PRIMARY:
Weighted average number of
common shares outstanding 21,408,677 21,253,483
Net additional common shares
issuable upon exercise of
dilutive options, determined
by treasury stock method 214,611 311,500
Common shares and equivalents 21,623,288 21,564,983
Earnings from continuing
operations $ 6,330 $ 5,405
Loss from discontinued
operation, net of
income tax - (389)
Net earnings $ 6,330 $ 5,016
Earnings per common share:
Continuing operations $ 0.29 $ 0.25
Discontinued operations - (0.01)
Net earnings per common
share (a) $ 0.29 $ 0.24
========= =========
FULLY DILUTED:
Common shares and equivalents 21,623,288 21,564,983
Net additional common shares
issuable upon exercise of
dilutive options, determined
by treasury stock method using
quarter-end market price, if
higher than average price 24,685 13,093
Common shares and equivalents (b) 21,647,973 21,578,076
Earnings from continuing
operations $ 6,330 $ 5,405
Loss from discontinued
operation, net of
income tax - (389)
Net earnings $ 6,330 $ 5,016
Earnings per common share:
Continuing operations $ 0.29 $ 0.25
Dscontinued operations - (0.01)
Net earnings per common
share (b) $ 0.29 $ 0.24
========= =========
NOTE: (a) Dilution is less than 3%.
(b) The Company does not have any other potentially
dilutive securities.
EXHIBIT 11.1 (b)
RICHFOOD HOLDINGS, INC.
COMPUTATION OF NET EARNINGS PER COMMON SHARE
(Dollar amounts in thousands, except per share data)
Year-to-Date
January 7, January 8,
1995 1994
(36 Weeks) (36 Weeks)
BASIC:
Weighted average number of
common shares outstanding 21,388,737 21,209,475
Earnings from continuing
operations $16,603 $14,273
Loss from discontinued
operation, net of
income tax - (389)
Net earnings $16,603 $13,884
Earnings per common share:
Continuing operations $ 0.78 $ 0.67
Discontinued operations - (0.02)
Net earnings per common share $ 0.78 $ 0.65
======== ========
PRIMARY:
Weighted average number of
common shares outstanding 21,388,737 21,209,475
Net additional common shares
issuable upon exercise of
dilutive options, determined
by treasury stock method 214,611 294,266
Common shares and equivalents 21,603,348 21,503,741
Earnings from continuing
operations $16,603 $14,273
Loss from discontinued
operation, net of
income tax - (389)
Net earnings $16,603 $13,884
Earnings per common share:
Continuing operations $ 0.77 $ 0.67
Discontinued operations - (0.02)
Net earnings per common
share (a) $ 0.77 $ 0.65
========= ========
FULLY DILUTED:
Common shares and equivalents 21,603,348 21,506,741
Net additional common shares
issuable upon exercise of
dilutive options, determined
by treasury stock method using
quarter-end market price, if
higher than average price 24,685 31,110
Common shares and equivalents 21,628,033 21,534,851
Earnings from continuing
operations $16,603 $14,273
Loss from discontinued
operation, net of
income tax - (389)
Net earnings $16,603 $13,884
Earnings per common share
Continuing operations $ 0.77 $ 0.67
Discontinued operations - (0.02)
Net earnings per common
share (b) $ 0.77 $ 0.65
========= ==========
NOTE: (a) Dilution is less than 3%.
(b) The Company does not have any other potentially
dilutive securities.