1
                                                                     EXHIBIT 11



              DAISYTEK INTERNATIONAL CORPORATION AND SUBSIDIARIES

                STATEMENTS RE: COMPUTATION OF EARNINGS PER SHARE
                     (In Thousands, Except Per Share Data)




                                                        Three Months Ended     
                                                             June 30,         
                                                  ----------------------------
                                                     1997              1996    
                                                  ----------        ----------
                                                                      
Net income                                        $    3,829        $    3,041 
                                                  ==========        ========== 
                                                                               
Weighted average common shares outstanding                                     
                                                       7,004             6,907 
                                                  ==========        ========== 
                                                                               
Net income per common share                       $     0.55        $     0.44 
                                                  ==========        ========== 
                                                                               
Calculation of weighted average common shares                                  
    outstanding:                                                               
                                                                               
Weighted average of common stock outstanding                                   
                                                       6,682             6,413 
                                                                               
Weighted average common stock options,                                         
    utilizing the treasury stock method (1)              322               494 
                                                  ----------        ---------- 
                                                                               
                                                       7,004             6,907 
                                                  ==========        ========== 




(1)      Utilizing the weighted average stock price of $31.75 and $39.85 per 
         share for the three months ended June 30, 1997 and 1996, respectively.