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EXHIBIT 11
GENERAL HOST CORPORATION
COMPUTATION OF EARNINGS PER SHARE (UNAUDITED)
(In thousands, except per share amounts)
Sixteen Weeks Ended
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MAY 22, May 23,
1994 1993
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Primary
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Earnings:
Net income $ 9,431 $ 6,576
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Shares:
Weighted average number of common
shares outstanding 21,049 19,977
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Primary earnings per share $ .45 $ .33
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Assuming full dilution
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Earnings:
Net income $ 9,431 $ 6,576
Interest expense of Convertible
Subordinated Notes, net of tax 1,056 1,056
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Total net income used for fully
diluted earnings per share $ 10,487 $ 7,632
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Shares:
Weighted average number of common
shares outstanding 21,049 19,977
Common equivalent shares for
Convertible Subordinated Notes at
a conversion price of $9.88
per share 6,579 6,579
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Weighted average number of common
shares outstanding, as adjusted 27,628 26,556
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Fully diluted earnings per share $ .38 $ .29
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Note: This calculation is submitted in accordance
with Securities Exchange Act of 1934 Release No. 9083.