1 EXHIBIT 11 GENERAL HOST CORPORATION ADDITIONAL EARNINGS PER SHARE INFORMATION (UNAUDITED) (In thousands, except per share amounts) Sixteen Weeks Ended ---------------------- MAY 18, May 19, 1997 1996 ---------- --------- Earnings for full dilution: Net income $ 5,602 $ 2,794 Add interest on 8% Convertible Debentures, net of tax effect 1,600 1,600 ---------- --------- Net income, as adjusted $ 7,202 $ 4,394 ========== ========= Shares used for calculating primary earnings per share 24,414 24,414 Additional shares from assumed conversion of 8% Convertible Debentures 7,611 7,611 Additional shares resulting from assumed exercise of stock options 588 0 ---------- --------- 32,613 32,025 ========== ========= Fully diluted earnings per share $ .22 $ .14 (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.