Urban Outfitters, Inc. Exhibit 11
INCOME PER SHARE CALCULATION:
JULY 31, 1998 & 1997
INCOME PER SHARE CALCULATION:
Three Months Ended July 31
------------------------------------------------------
1998 1997
----------------------- -----------------------
Per Share $ Per Share
NET INCOME 3,442,000 $0.19 2,855,000 $0.16
========= ========== ========= ==========
WEIGHTED AVERAGE COMMON
SHARES & COMMON SHARE
EQUIVALENTS OUTSTANDING-
ASSUMING DILUTION 18,028,164 17,840,021
========== ==========
Six Months Ended July 31
------------------------------------------------------
1998 1997
----------------------- -----------------------
$ Per Share $ Per Share
NET INCOME 5,540,000 $0.13 5,278,000 $0.30
========= ========== ========= ==========
WEIGHTED AVERAGE COMMON
SHARES & COMMON SHARE
EQUIVALENTS OUTSTANDING-
ASSUMING DILUTION 18,022,619 17,769,280
=========== ==========
COMPUTATION OF COMMON SHARES
& COMMON SHARE EQUIVALENTS
OUTSTANDING:
Three Months Ended July 31,
-----------------------------------------------------------------
1998 1997
------------------------------ -------------------------------
End of Period Weighted Ave. End of Period Weighted Ave.
------------- ------------- -------------- -------------
COMMON SHARES OUTSTANDING-
BASIC 17,784,954 17,782,063 17,588,696 17,588,696
---------- ----------
COMMON SHARE EQUIVALENTS:
OPTIONS 1,390,000 1,325,445 1,320,772 1,320,772
ASSUMED REPURCHASED
AT AVERAGE PRICE (1,079,344) (1,069,447)
---------- ----------
WEIGHTED AVERAGE COMMON
EQUIVALENTS 246,101 251,325
---------- ----------
TOTAL WEIGHTED AVERAGE
COMMON SHARES & COMMON
SHARE EQUIVALENTS OUTSTANDING-
ASSUMING DILUTION 18,028,164 17,840,021
========== ==========
Six Months Ended July 31,
----------------------------------------------------------------
1998 1997
------------------------------ ------------------------------
End of Period Weighted Ave. End of Period Weighted Ave.
------------- ------------- ------------- -------------
COMMON SHARES OUTSTANDING-
BASIC 17,784,954 17,738,988 17,588,696 17,563,503
---------- ----------
COMMON SHARE EQUIVALENTS:
OPTIONS 1,390,000 1,303,375 1,320,772 1,320,551
ASSUMED REPURCHASED
AT AVERAGE PRICE (1,019,744) (1,114,774)
---------- ----------
WEIGHTED AVERAGE COMMON
EQUIVALENTS 283,631 205,777
---------- ----------
TOTAL WEIGHTED AVERAGE
COMMON SHARES & COMMON
SHARE EQUIVALENTS OUTSTANDING-
ASSUMING DILUTION 18,022,619 17,769,280
========== ==========