1 EXHIBIT 11 BACK YARD BURGERS, INC. COMPUTATION OF INCOME (LOSS) PER SHARE (IN THOUSANDS, EXCEPT PER SHARE AMOUNTS) (UNAUDITED) THIRTEEN WEEKS ENDED ----------------------- APRIL 1, APRIL 3, 2000 1999 Net Income $ 65 $ 42 ------ ------ Weighted average number of common shares outstanding during the period 4,621 4,600 ------ ------ Basic income per share $ .01 $ .01 ------ ------ Basic weighted average number of common shares outstanding during the period 4,621 4,600 Preferred shares convertible to common shares 20 23 Stock options -- 12 ------ ------ 4,641 4,635 ------ ------ Diluted income per share $ .01 $ .01 ------ ------ 14