EXHIBIT 11.1
DM MANAGEMENT COMPANY AND SUBSIDIARY
FORM 10-K
COMPUTATION OF PER SHARE EARNINGS
TWELVE MONTHS ENDED TRANSITION PERIOD ENDED TWELVE MONTHS ENDED
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DEC. 27, DEC. 28, DEC. 28, DEC. 30, JUNE 29, JUNE 24,
1997 1996 1996 1995 1996 1995
(52 weeks) (52 weeks) (26 weeks) (27 weeks) (53 weeks) (52 weeks)
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BASIC: (UNAUDITED) (unaudited)
Weighted average shares of common
stock outstanding during the period... 4,801,278 4,329,485 4,364,723 4,261,962 4,276,679 4,229,390
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DILUTED:
Weighted average shares of common
stock outstanding during the period... 4,801,278 4,329,485 4,364,723 4,261,962 4,276,679 4,229,390
Assumed exercise of stock options...... 580,448 349,785 371,719 -- 163,925 380,163
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5,381,726 4,679,270 4,736,442 4,261,962 4,440,604 4,609,553
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