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 10, August 11, August 10, August 11, 1997 1996 1997 1996 ---------- ---------- ---------- ---------- Earnings (loss) for full dilution: Net income (loss) $ (2,277) $ 657 $ 3,325 $ 3,451 Add interest on 8% Convertible Debentures, net of tax effect 1,200 1,117 2,800 2,800 --------- --------- --------- --------- Income (loss), as adjusted $ (1,077) $ 1,774 $ 6,125 $ 6,251 ========= ========= ========= ========= Shares used for calculating primary earnings per share 24,414 24,414 24,414 24,414 Additional shares resulting from assumed conversion of 8% Convertible Debentures 7,611 7,611 7,611 7,611 Additional shares resulting from assumed exercise of stock options 162 0 103 0 --------- --------- --------- --------- 32,187 32,025 32,128 32,025 ========= ========= ========= ========= Fully diluted earnings (loss) per share $ (.03)1 $ .06 1 $ .19 1 $ .20 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.