Urban Outfitters, Inc. Exhibit 11
INCOME PER SHARE CALCULATION:
JULY 31, 1997 & 1996
INCOME PER SHARE CALCULATION:
Three Months Ended July 31
--------------------------------------------------------------
1997 1996
---------------------------- -----------------------------
$ Per Share $ Per Share
NET INCOME 2,855,000 $0.16 2,849,000 $0.16
============ ========= ============ ==========
WEIGHTED AVERAGE COMMON
SHARES & COMMON SHARE
EQUIVALENTS OUTSTANDING 17,812,836 17,831,946
========== ===========
COMPUTATION OF COMMON SHARES
& COMMON SHARE EQUIVALENTS OUTSTANDING:
Three Months Ended July 31,
--------------------------------------------------------------
1997 1996
---------------------------- -----------------------------
End of Period Weighted Ave. End of Period Weighted Ave.
------------- ------------- ------------- -------------
COMMON SHARES OUTSTANDING 17,588,696 17,588,696 17,505,966 17,471,225
---------- ----------
COMMON SHARE EQUIVALENTS:
OPTIONS 546,270 546,270 495,669 530,411
ASSUMED REPURCHASED
AT AVERAGE PRICE (322,130) (169,690)
---------- ----------
WEIGHTED AVERAGE COMMON
EQUIVALENTS 224,140 360,721
---------- ----------
TOTAL WEIGHTED AVERAGE
COMMON SHARES & COMMON
SHARE EQUIVALENTS OUTSTANDING 17,812,836 17,831,946
========== ==========
INCOME PER SHARE CALCULATION:
Six Months Ended July 31
--------------------------------------------------------------
1997 1996
---------------------------- -----------------------------
$ Per Share $ Per Share
NET INCOME 5,278,000 $0.30 5,776,000 $0.33
============ ========= ============ ==========
WEIGHTED AVERAGE COMMON
SHARES & COMMON SHARE
EQUIVALENTS OUTSTANDING 17,775,716 17,759,373
========== ===========
COMPUTATION OF COMMON SHARES
& COMMON SHARE EQUIVALENTS OUTSTANDING:
Six Months Ended July 31,
--------------------------------------------------------------
1997 1996
---------------------------- -----------------------------
End of Period Weighted Ave. End of Period Weighted Ave.
------------- ------------- ------------- -------------
COMMON SHARES OUTSTANDING 17,588,696 17,563,078 17,505,966 17,334,014
---------- ----------
COMMON SHARE EQUIVALENTS:
OPTIONS 546,270 535,221 495,669 598,961
ASSUMED REPURCHASED
AT AVERAGE PRICE (322,583) (173,602)
---------- ----------
WEIGHTED AVERAGE COMMON
EQUIVALENTS 212,638 425,359
---------- ----------
TOTAL WEIGHTED AVERAGE
COMMON SHARES & COMMON
SHARE EQUIVALENTS OUTSTANDING 17,775,716 17,759,373
========== ==========