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Exhibit 11.1
Dean Foods Company
Basic and Diluted Earnings per Share
Nine Months Ended February 22, 1998 and February 23, 1997
(In thousands, except per share amounts)
Nine Months Ended
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February 22, February 23,
1998 1997
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Net Income $73,117 $57,621
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EARNINGS PER COMMON SHARE - BASIC
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Weighted average common shares outstanding 40,556 40,162
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Net earnings per share - Basic $ 1.80 $ 1.43
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EARNINGS PER COMMON SHARE - DILUTED
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Weighted average common shares outstanding 40,556 40,162
Plus incremental shares from assumed
conversions of stock options 935 94
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Adjusted weighted average shares 41,491 40,256
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Net earnings per share - Diluted $ 1.76 $ 1.43
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