1 Exhibit 11 GENERAL HOST CORPORATION ADDITIONAL EARNINGS PER SHARE INFORMATION (UNAUDITED) (In thousands, except per share amounts) Twelve Weeks Ended Forty Weeks Ended November 2, November 3, November 2, November 3, 1997 1996 1997 1996 ---------- ---------- ---------- ---------- Loss for full dilution: Loss from operations $ (17,800) $ (14,873) $ (14,475) $ (11,422) Add interest on 8% Convertible Debentures, net of tax effect 1,200 1,200 4,000 4,000 --------- --------- --------- --------- Net loss, as adjusted $ (16,600) $ (13,673) $ (10,475) $ (7,422) ========= ========= ========= ========= 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 82 0 103 0 --------- --------- --------- --------- 32,107 32,025 32,128 32,025 ========= ========= ========= ========= Fully diluted loss per share $ (.52)1 $ (.43)1 $ (.33)1 $ (.23)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.