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EXHIBIT 11
GENERAL HOST CORPORATION
ADDITIONAL EARNINGS PER SHARE INFORMATION (UNAUDITED)
(In thousands, except per share amounts)
Twelve Weeks Ended Forty Weeks Ended
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November 3, November 5, November 3, November 5,
1996 1995 1996 1995
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Earnings (loss) for full dilution:
Loss from continuing operations $ (14,873) $ (11,899) $ (11,422) $ (3,780)
Add interest on 8% Convertible
Debentures, net of tax effect 1,180 1,117 4,000 3,370
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Income (loss) from continuing
operations, as adjusted (13,693) (10,782) (7,422) (410)
Loss from discontinued operations (2,793) (2,793)
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Net income (loss), as adjusted $ (13,693) $ (13,575) $ (7,422) $ (3,203)
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Shares used for calculating primary
earnings per share 23,249 23,252 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 5 0 6
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30,503 30,511 30,503 30,512
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Fully diluted earnings (loss) per share:
Income (loss) from continuing
operations $ (.45) $ (.35) $ (.24) $ (.01)
Loss from discontinued operations (.09) (.09)
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Fully diluted income (loss) per share $ (.45)(1) $ (.44)(1) $ (.24)(1) $ (.10)(1)
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(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.