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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 Nine Months Ended
December 31, December 31,
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1996 1995 1996 1995
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Net income $ 3,364 $ 2,792 $ 9,360 $ 7,676
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Weighted average common shares outstanding
6,917 6,778 6,916 6,748
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Net income per common share $ 0.49 $ 0.41 $ 1.35 $ 1.14
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Calculation of weighted average common
shares outstanding:
Weighted average of common stock
outstanding 6,485 6,307 6,452 6,310
Weighted average common stock options,
utilizing the treasury stock method (1) 432 471 464 438
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6,917 6,778 6,916 6,748
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(1) Utilizing the weighted average stock price of $38.18 and $39.40 per
share for the three and nine months ended December 31, 1996,
respectively, and the weighted average stock price of $30.00 and
$25.43 per share for the three and nine months ended December 31,
1995, respectively.