EXHIBIT 11.1
RICHFOOD HOLDINGS, INC.
COMPUTATION OF NET EARNINGS PER COMMON SHARE
(Dollar amounts in thousands, except per share data)
Second Quarter Ended
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October 12, October 14,
1996 1995
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NET EARNINGS:
Net earnings $ 12,572 $ 9,850
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PRIMARY EARNINGS PER COMMON SHARE:
Weighted average number of
common shares outstanding 47,283,785 46,815,254
Net additional common shares
issuable upon exercise of dilutive
options, determined by
treasury stock method 575,087 307,280
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Common shares and equivalents 47,858,872 47,122,534
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Net earnings per common share (a) $ 0.26 $ 0.21
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FULLY DILUTED EARNINGS PER COMMON SHARE:
Common shares and equivalents 47,858,872 47,122,534
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 --- 35,733
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Common shares and equivalents (b) 47,858,872 47,158,267
============ ============
Net earnings per common share (a) $ 0.26 $ 0.21
============ ============
NOTE: (a) Dilution is less than 3%.
(b) The Company does not have any other potentially dilutive
securities.
EXHIBIT 11.1
RICHFOOD HOLDINGS, INC.
COMPUTATION OF NET EARNINGS PER COMMON SHARE
(Dollar amounts in thousands, except per share data)
Year-to-Date
-----------------------------
October 12, October 14,
1996 1995
------------ -------------
NET EARNINGS:
Net earnings $ 25,017 $ 20,015
============ =============
PRIMARY EARNINGS PER COMMON SHARE:
Weighted average number of
common shares outstanding 47,223,435 46,811,673
Net additional common shares
issuable upon exercise of dilutive
options, determined by
treasury stock method 554,994 281,096
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Common shares and equivalents 47,778,429 47,092,769
============ =============
Net earnings per common share (a) $ 0.52 $ 0.43
============ =============
FULLY DILUTED EARNINGS PER COMMON SHARE:
Common shares and equivalents 47,778,429 47,092,769
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 3,620 61,917
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Common shares and equivalents (b) 47,782,049 47,154,686
============ =============
Net earnings per common share (a) $ 0.52 $ 0.42
============ =============
NOTE: (a) Dilution is less than 3%.
(b) The Company does not have any other potentially dilutive
securities.