1 GENESCO INC. EXHIBIT 11 AND CONSOLIDATED SUBSIDIARIES Earnings Per Common and Common Share Equivalent Years Ended January 31 1994 1993 1992 ------------------ ------------------ ----------------- IN THOUSANDS EARNINGS SHARES EARNINGS SHARES EARNINGS SHARES - -------------------------------------------------------------------------------------------------------------------------------- PRIMARY EARNINGS (LOSS) PER SHARE Earnings (loss) before extraordinary loss and cumulative effect of change in accounting principle $(51,779) $ 9,693 $ 461 Preferred dividend requirements 307 312 296 - -------------------------------------------------------------------------------------------------------------------------------- Earnings (loss) before extraordinary loss and cumulative effect of change in accounting principle applicable: to common stock and average common shares outstanding $(52,086) 24,159 $ 9,381 22,946 $ 165 22,768 Employees preferred and stock options deemed to be common stock equivalents -0- 283 125 - -------------------------------------------------------------------------------------------------------------------------------- Totals before extraordinary loss and cumulative effect of change in accounting principle $(52,086) 24,159 $ 9,381 23,229 $ 165 22,893 PER SHARE $ (2.16) $ .40 $ .01 ================================================================================================================================ Earnings (loss) before cumulative effect of change in accounting principle $(52,019) $ 9,110 $ 461 Preferred dividend requirements 307 312 296 - -------------------------------------------------------------------------------------------------------------------------------- Earnings (loss) before cumulative effect of change in accounting principle applicable to common stock and average common shares outstanding $(52,326) 24,159 $ 8,798 22,946 $ 165 22,768 Employees preferred and stock options deemed to be a common stock equivalent -0- 283 125 - -------------------------------------------------------------------------------------------------------------------------------- Totals before cumulative effect of change in accounting principle $(52,326) 24,159 $ 8,798 23,229 $ 165 22,893 PER SHARE $ (2.17) $ .38 $ .01 - -------------------------------------------------------------------------------------------------------------------------------- - -------------------------------------------------------------------------------------------------------------------------------- Net earnings (loss) $(54,292) $ 9,110 $ 461 Preferred dividend requirements 307 312 296 - -------------------------------------------------------------------------------------------------------------------------------- Net earnings (loss) applicable to common stock and average common shares outstanding $(54,599) 24,159 $ 8,798 22,946 $ 165 22,768 Employees preferred and stock options deemed to be a common stock equivalent -0- 283 125 - -------------------------------------------------------------------------------------------------------------------------------- Total net earnings (loss) $(54,599) 24,159 $ 8,798 23,229 $ 165 22,893 PER SHARE $ (2.26) $ .38 $ .01 ================================================================================================================================ 1 2 GENESCO INC. EXHIBIT 11 AND CONSOLIDATED SUBSIDIARIES Continued Earnings Per Common and Common Share Equivalent Years Ended January 31 1994 1993 1992 ---------------- ------------------ ----------------- IN THOUSANDS EARNINGS SHARES EARNINGS SHARES EARNINGS SHARES - -------------------------------------------------------------------------------------------------------------------------------- FULLY DILUTED EARNINGS (LOSS) PER SHARE Earnings (loss) before extraordinary loss and cumulative effect of change in accounting principle applicable to common stock and average common shares outstanding $(52,086) 24,159 $ 9,381 23,229 $ 165 22,893 Senior securities the conversion of which would dilute earnings per share -0- 144 118 - ------------------------------------------------------------------------------------------------------------------------------- Totals before extraordinary loss and cumulative effect of change in accounting principle $(52,086) 24,159 $ 9,381 23,373 $ 165 23,011 PER SHARE $ (2.16) $ .40 $ .01 =============================================================================================================================== Earnings (loss) before cumulative effect of change in accounting principle applicable to common stock and average common shares outstanding $(52,326) 24,159 $ 8,798 23,229 $ 165 22,893 Senior securities the conversion of which would dilute earnings per share -0- 144 118 - ------------------------------------------------------------------------------------------------------------------------------- Totals before cumulative effect of change in accounting principle $(52,326) 24,159 $ 8,798 23,373 $ 165 23,011 PER SHARE $ (2.17) $ .38 $ .01 =============================================================================================================================== Net earnings (loss) applicable to common stock and average common shares outstanding $(54,599) 24,159 $ 8,798 23,229 $ 165 22,893 Senior securities the conversion of which would dilute earnings per share -0- 144 118 - ------------------------------------------------------------------------------------------------------------------------------- Total net earnings (loss) $(54,599) 24,159 $ 8,798 23,373 $ 165 23,011 PER SHARE $ (2.26) $ .38 $ .01 =============================================================================================================================== All figures in thousands except amount per share. 2