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EXHIBIT 11
DAISYTEK INTERNATIONAL CORPORATION AND SUBSIDIARIES
STATEMENTS RE: COMPUTATION OF EARNINGS PER SHARE
(IN THOUSANDS, EXCEPT PER SHARE DATA)
Three Months Ended Six Months Ended
September 30, September 30,
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1996 1995 1996 1995
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Net income $2,955 $2,616 $5,996 $4,884
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Weighted average common shares
outstanding
6,921 6,733 6,915 6,731
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Net income per common share $ 0.43 $ 0.39 $ 0.87 $ 0.73
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Calculation of weighted average common
shares outstanding:
Weighted average of common stock
outstanding
6,454 6,294 6,435 6,282
Weighted average common stock options,
utilizing the treasury stock method (1) 467 439 480 449
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6,921 6,733 6,915 6,731
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(1) Utilizing the weighted average stock price of $40.17 and $40.01 per
share for the three and six months ended September 30, 1996,
respectively, and the weighted average stock price of $24.96 and
$23.14 per share for the three and six months ended September 30,
1995, respectively.