EXHIBIT 11.1
THE WARNACO GROUP, INC.
Calculation of Income (Loss) per Common Share
(in thousands except share data)
FOR THE FOR THE
THREE MONTHS ENDED NINE MONTHS ENDED
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OCTOBER 5, OCTOBER 7, OCTOBER 5, OCTOBER 7,
1996 1995 1996 1995
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Net income (loss) ($ 5,811) $ 18,091 ($ 34,454) $ 37,976
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Number of shares outstanding during the period 52,074,524 37,499,492 51,789,200 37,499,492
Shares issued in public offering -- 1,511,011 -- 503,670
Restricted shares issued during the period -- -- 88,015 --
Shares issued due to exercise of options 24,038 -- 85,496 --
Add: common equivalent shares using the treasury stock
method 1,544,583 5,805,364 1,812,657 4,925,143
Less: treasury stock (286,600) (286,600) (286,600) (286,600)
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Weighted average number of shares 53,356,545 44,529,267 53,488,768 42,641,705
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Net income (loss) per share ($0.11) $0.41 ($0.64) $0.89
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