EXHIBIT 11 COMPUSA INC. COMPUTATION OF INCOME (LOSS) PER SHARE (IN THOUSANDS, EXCEPT PER SHARE DATA) FISCAL YEAR ENDED -------------------------- JUNE 29, JUNE 24, JUNE 25, 1996 1995 1994 -------- -------- -------- Common Stock outstanding at beginning of year...... 40,466 39,499 38,084 Weighted average number of shares of Common Stock issued during the year............................ 3,289 400 451 Incremental shares related to assumed exercises of stock options..................................... 1,855 969 -- ------- ------- -------- Weighted common and common equivalent shares....... 45,610 40,868 38,535 ======= ======= ======== Net income (loss).................................. $59,665 $24,339 $(17,024) ======= ======= ======== Income (loss) per common and common equivalent share (1)......................................... $ 1.31 $ 0.60 $ (0.44) ======= ======= ======== - -------- (1) The computation of income (loss) per common and common equivalent share on a fully diluted basis does not materially differ from the amounts calculated on a primary basis.