1
EXHIBIT 11
GENESCO INC.
AND CONSOLIDATED SUBSIDIARIES
Earnings Per Common and Common Share Equivalent
- ------------------------------------------------------------------------------------------------------------------------------------
THREE MONTHS ENDED OCTOBER 31, NINE MONTHS ENDED OCTOBER 31,
----------------------------------- ----------------------------------------
1996 1995 1996 1995
---------------- ---------------- ---------------- -------------------
IN THOUSANDS EARNINGS SHARES EARNINGS SHARES EARNINGS SHARES EARNINGS SHARES
- ------------------------------------------------------------------------------------------------------------------------------------
PRIMARY EARNINGS (LOSS) PER SHARE
Earnings (loss) before discontinued operations $5,903 $4,231 $8,942 $(10,285)
Preferred dividend requirements $ 75 $ 75 $ 226 $ 226
- ------------------------------------------------------------------------------------------------------------------------------------
Earnings (loss) before discontinued operations
applicable to common stock and average
common shares outstanding $5,828 24,570 $4,156 24,346 $8,716 24,485 $(10,511) 24,344
Employees preferred and stock options
deemed to be a common stock equivalent 1,235 509 1,015 -0-
- ------------------------------------------------------------------------------------------------------------------------------------
Totals before discontinued operations $5,828 25,805 $4,156 24,855 $8,716 25,500 $(10,511) 24,344
PER SHARE $ .23 $ .17 $ .34 $ (.43)
====================================================================================================================================
Net earnings $5,903 $4,231 $8,942 $ 4,067
Preferred dividend requirements $ 75 $ 75 $ 226 $ 226
- ------------------------------------------------------------------------------------------------------------------------------------
Net earnings applicable to common stock
and average common shares outstanding $5,828 24,570 $4,156 24,346 $8,716 24,485 $ 3,841 24,344
Employees preferred and stock options
deemed to be a common stock equivalent 1,235 509 1,015 -0-
- ------------------------------------------------------------------------------------------------------------------------------------
Total net earnings $5,828 25,805 $4,156 24,855 $8,716 25,500 $ 3,841 24,344
PER SHARE $ .23 $ .17 $ .34 $ .16
====================================================================================================================================
FULLY DILUTED EARNINGS (LOSS) PER SHARE
Earnings (loss) before discontinued operations
applicable to common stock and average
common shares outstanding $5,828 25,805 $4,156 24,855 $8,716 25,500 $(10,511) 24,344
Senior securities the conversion of which
would dilute earnings per share 131 -0- 137 -0-
- ------------------------------------------------------------------------------------------------------------------------------------
Totals before discontinued operations $5,828 25,936 $4,156 24,855 $8,716 25,637 $(10,511) 24,344
PER SHARE $ .23 $ .17 $ .34 $ (.43)
====================================================================================================================================
Net earnings applicable to common stock
and average common shares outstanding $5,828 25,805 $4,156 24,855 $8,716 25,500 $ 3,841 24,344
Senior securities the conversion of which
would dilute earnings per share 131 -0- 137 -0-
- ------------------------------------------------------------------------------------------------------------------------------------
TOTAL NET EARNINGS $5,828 25,936 $4,156 24,855 $8,716 25,637 $ 3,841 24,344
PER SHARE $ .23 $ .17 $ .34 $ .16
====================================================================================================================================
All figures in thousands except amount per share.