EXHIBIT 11.1
RICHFOOD HOLDINGS, INC.
COMPUTATION OF NET EARNINGS PER COMMON SHARE
(Dollar amounts in thousands, except per share data)
First Quarter Ended
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July 20, July 22,
1996 1995
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NET EARNINGS:
Net earnings $ 12,445 $ 10,165
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PRIMARY EARNINGS PER COMMON SHARE:
Weighted average number of
common shares outstanding 31,442,057 31,205,091
Net additional common shares
issuable upon exercise of dilutive
options, determined by
treasury stock method 310,578 451,162
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Common shares and equivalents 31,752,635 31,656,253
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Net earnings per common share (a) $ 0.39 $ 0.32
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FULLY DILUTED EARNINGS PER COMMON SHARE:
Common shares and equivalents 31,752,635 31,656,253
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 56,376 29,462 --
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Common shares and equivalents (b) 31,809,011 31,685,715
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Net earnings per common share (a) $ 0.39 $ 0.32
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NOTE: (a) Dilution is less than 3%.
(b) The Company does not have any other potentially
dilutive securities.