1 EXHIBIT 11 GENERAL HOST CORPORATION ADDITIONAL EARNINGS PER SHARE INFORMATION (UNAUDITED) (In thousands, except per share amounts) Twelve Weeks Ended Twenty-Eight Weeks Ended ----------------------- ------------------------ August 11, August 13, August 11, August 13, 1996 1995 1996 1995 ----------- ---------- ---------- ---------- Earnings (loss) for full dilution: Net income (loss) $ 657 $ (2,915) $ 3,451 $ 8,119 Add interest on 8% Convertible Debentures, net of tax effect 1,117 1,117 2,607 2,607 --------- --------- --------- --------- Income (loss), as adjusted $ 1,774 $ (1,798) $ 6,058 $ 10,726 ========= ========= ========= ========= Shares used for calculating primary earnings per share 23,249 23,254 23,249 23,252 Additional shares resulting from assumed conversion of 8% Convertible Debentures 7,254 7,254 7,254 7,254 Additional shares resulting from assumed exercise of stock options 0 37 0 4 --------- --------- --------- --------- 30,503 30,545 30,503 30,510 ========= ========= ========= ========= Fully diluted earnings (loss) per share $ .06(1) $ (.06)(1) $ .20(1) $ .35(1) ========= ========= ========= ========= (1) This calculation is submitted in accordance with Regulation S-K item 601 (b)(11) although it is contrary to paragraph 40 of APB Opinion 15 because it produces an anti-dilutive result.