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EXHIBIT 11
DAISYTEK INTERNATIONAL CORPORATION AND SUBSIDIARIES
STATEMENTS RE: COMPUTATION OF EARNINGS PER SHARE
(IN THOUSANDS, EXCEPT PER SHARE DATA)
Supplemental
Fiscal Year Ended -----------------
March 31, Fiscal Year Ended
--------------------------- March 31,
1997 1996 1995 1995
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Net income $13,367 $10,767 $ 6,496 $ 7,254
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Weighted average common shares
outstanding 6,913 6,757 5,542 6,683
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Net income per common share $ 1.93 $ 1.59 $ 1.17 $ 1.09
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Calculation of weighted average
common shares:
Weighted average common shares
outstanding 6,467 6,301 4,775 6,245
Weighted average common stock
warrants, utilizing the
treasury stock method (1) -- -- 329 --
Weighted average common stock
options, utilizing the treasury
stock method (1) 446 456 438 438
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6,913 6,757 5,542 6,683
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(1) Utilizing the weighted average stock price of $15.67 per share for fiscal
year 1995.