LINENS 'N THINGS, INC. AND SUBSIDIARIES COMPUTATION OF NET INCOME PER COMMON SHARE (in thousands, except share amounts) For the First Quarter Ended ------------------------------------- April 3, March 28, 1999 1998 --------------- ----------------- (Unaudited) Basic Weighted-average number of shares outstanding 39,156 38,763 =============== ================== Net income applicable to common shares $3,595 $1,475 =============== ================== Per share amounts Net income per share $ 0.09 $ 0.04 =============== ================== Diluted Weighted-average number of shares outstanding 40,862 40,206 =============== ================== Net income applicable to common shares $3,595 $1,475 =============== ================== Per share amounts Net income per share $ 0.09 $ 0.04 =============== ==================