1
SYSCO CORPORATION AND SUBSIDIARIES
STATEMENT RE COMPUTATION OF PER SHARE EARNINGS
EXHIBIT 11
June 27, 1992 July 3, 1993 July 2, 1994
------------- ------------ ------------
Calculation of Primary Earnings Per Share:
- - - ------------------------------------------
Net earnings applicable to common stock $172,229,000 $201,807,000 $216,752,000
============ ============ ============
Average number of common shares and common stock
equivalents outstanding 186,001,381 186,745,576 184,338,616
Dilutive effect of stock options (1) -- -- --
------------ ------------ ------------
186,001,381 186,745,576 184,338,616
============ ============ ============
Primary earnings per share $ .93 $ 1.08 $ 1.18
============ ============ ============
Calculation of Fully Diluted Earnings Per Share:
- - - ------------------------------------------------
Net earnings applicable to common stock $172,229,000 $201,807,000 $216,752,000
============ ============ ============
Average number of shares outstanding on a fully
diluted basis -- same as for calculation of primary
earnings per share 186,001,381 186,745,576 184,338,616
Dilutive effect of stock options and
Liquid Yield Option Notes (2) -- -- --
------------ ------------ ------------
186,001,381 186,745,576 184,338,616
============ ============ ============
Fully diluted earnings per share $ .93 $ 1.08 $ 1.18
============ ============ ============
(1) Maximum possible dilutive effect of outstanding options in each year is
less than 3%.
(2) Maximum possible dilutive effect of outstanding options and Liquid Yield
Option Notes during each year is less than 3%.