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Exhibit 11
GENERAL HOST CORPORATION
COMPUTATION OF PRIMARY EARNINGS PER SHARE
FISCAL YEARS ENDED JANUARY 30, 1994, JANUARY 31, 1993
AND JANUARY 26, 1992
(In thousands, except per share amounts)
1993 1992 1991
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Earnings:
Income (loss) from continuing operations $(55,220) $ 2,853 $ 8,703
Income (loss) from discontinued operations (840) (381) 5,940
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Income (loss) before extraordinary loss
and cumulative effect of change in
accounting principle (56,060) 2,472 14,643
Extraordinary loss (860)
Cumulative effect of change in accounting
principle for income taxes 2,850
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Net income (loss) $(56,060) $ 5,322 $ 13,783
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Shares used for calculating
primary earnings per share:
Average common shares outstanding 20,697 18,989 19,021
Additional shares resulting from
assumed exercise of stock options 2 27 3
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20,699 19,016 19,024
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Primary earnings per share:
Income (loss) from continuing operations $ (2.67) $ .15 $ .46
Income (loss) from discontinued operations (.04) (.02) .31
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Income (loss) before extraordinary loss
and cumulative effect of change in
accounting principle (2.71) $ .13 $ .77
Extraordinary loss (.05)
Cumulative effect of change in accounting
principle for income taxes .15
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Net income (loss) $ (2.71) $ .28 $ .72
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Note: This calculation is submitted in
accordance with Securities
Exchange Act of 1934 Release
No. 9083.