1 EXHIBIT 11 GENESCO INC. AND CONSOLIDATED SUBSIDIARIES Earnings Per Common and Common Share Equivalent ---------------------------------------------------------------------------------------------------------------------------------- THREE MONTHS ENDED JULY 31, SIX MONTHS ENDED JULY 31, -------------------------------------- ------------------------------------ 1995 1994 1995 1994 ------- ------- ------- ------- IN THOUSANDS EARNINGS SHARES EARNINGS SHARES EARNINGS SHARES EARNINGS SHARES ---------------------------------------------------------------------------------------------------------------------------------- PRIMARY EARNINGS (LOSS) PER SHARE Earnings (loss) before discontinued operations $ (1,185) $ 2,285 $(14,516) $ (249) Preferred dividend requirements $ 76 $ 76 $ 151 $ 151 ---------------------------------------------------------------------------------------------------------------------------------- Earnings (loss) before discontinued operations applicable to common stock and average common shares outstanding $ (1,261) 24,344 $ 2,209 24,317 $(14,667) 24,344 $ (400) 24,312 Employees preferred and stock options deemed to be a common stock equivalent -0- -0- -0- -0- ---------------------------------------------------------------------------------------------------------------------------------- Totals before discontinued operations $ (1,261) 24,344 $ 2,209 24,317 $(14,667) 24,344 $ (400) 24,312 PER SHARE $ (.05) $ .09 $ (.60) $ (.02) ================================================================================================================================== Net earnings (loss) $ 514 $ (516) $ (164) $ (3,189) Preferred dividend requirements $ 76 $ 76 $ 151 $ 151 ---------------------------------------------------------------------------------------------------------------------------------- Net earnings (loss) applicable to common stock and average common shares outstanding $ 438 24,344 $ (592) 24,317 $ (315) 24,344 $ (3,340) 24,312 Employees preferred and stock options deemed to be a common stock equivalent -0- -0- -0- -0- ---------------------------------------------------------------------------------------------------------------------------------- Total net earnings (loss) $ 438 24,344 $ (592) 24,317 $ (315) 24,344 $ (3,340) 24,312 PER SHARE $ .02 $ (.02) $ (.01) $ (.14) ================================================================================================================================== FULLY DILUTED EARNINGS (LOSS) PER SHARE Earnings (loss) before discontinued operations applicable to common stock and average common shares outstanding $ (1,261) 24,344 $ 2,209 24,317 $(14,667) 24,344 $ (400) 24,312 Senior securities the conversion of which would dilute earnings per share -0- -0- -0- -0- ---------------------------------------------------------------------------------------------------------------------------------- Totals before discontinued operations $ (1,261) 24,344 $ 2,209 24,317 $(14,667) 24,344 $ (400) 24,312 PER SHARE $ (.05) $ .09 $ (.60) $ (.02) ================================================================================================================================== Net earnings (loss) applicable to common stock and average common shares outstanding $ 438 24,344 $ (592) 24,317 $ (315) 24,344 $ (3,340) 24,312 Senior securities the conversion of which would dilute earnings per share -0- -0- -0- -0- ---------------------------------------------------------------------------------------------------------------------------------- Total net earnings (loss) $ 438 24,344 $ (592) 24,317 $ (315) 24,344 $ (3,340) 24,312 PER SHARE $ .02 $ (.02) $ (.01) $ (.14) ================================================================================================================================== All figures in thousands except amount per share.