Exhibit 11 CASEY'S GENERAL STORES, INC. Computation of Per Share Earnings (Dollars in Thousands, Except Share and Per Share Amounts) Three Months Ended January 31, -------------------- 2001 2000 ------ ------ Basic earnings per share - ------------------------ Weighted average number of shares outstanding 49,481,762 51,991,748 =========== ========== Net income $ 3,983 5,209 =========== ========== Basic earnings per common share $ .08 .10 =========== ========== Diluted earnings per share - -------------------------- Weighted average number of shares outstanding 49,481,762 51,991,748 Shares applicable to stock options 188,511 137,851 ----------- ---------- 49,670,273 52,129,599 =========== ========== Net income $ 3,983 5,209 =========== ========== Diluted earnings per common share $ .08 .10 =========== ========== CASEY'S GENERAL STORES, INC. Computation of Per Share Earnings (Dollars in Thousands, Except Share and Per Share Amounts) Nine Months Ended January 31, -------------------------------------- 2001 2000 ---------------- -------------- Basic earnings per share - ------------------------ Weighted average number of shares outstanding 49,468,651 52,482,347 =========== ========== Net income $ 33,536 32,522 =========== ========== Basic earnings per common share $ .68 .62 =========== ========== Diluted earnings per share - -------------------------- Weighted average number of shares outstanding 49,468,651 52,482,347 Shares applicable to stock options 153,029 213,161 ----------- ---------- 49,621,680 52,695,508 =========== ========== Net income $ 33,536 32,522 =========== ========== Diluted earnings per common share $ .68 .62 =========== ==========