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EXHIBIT 11
REXALL SUNDOWN, INC. AND SUBSIDIARIES
NET INCOME PER COMMON SHARE CALCULATION
Three Months Ended
November 30,
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1996 1995
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Net income $ 7,242,441 $ 3,556,152
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PRIMARY
Weighted average common shares outstanding(1) 31,213,563 29,714,708
Common stock equivalents(2) 1,208,544 310,407
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Primary weighted average common shares outstanding 32,422,107 30,025,115
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Primary net income per common share $ 0.22 $ 0.12
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FULLY DILUTED(3)
Weighted average common shares outstanding(1) 31,213,563 29,714,708
Common stock equivalents(2) 1,113,587 371,086
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Fully diluted weighted average common shares outstanding 32,327,150 30,085,794
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Fully diluted net income per common share $ 0.22 $ 0.12
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(1) Represents weighted average common shares outstanding for the periods
indicated.
(2) Common stock equivalents associated with stock options calculated pursuant
to the treasury stock method.
(3) All share data in the financial statements are stated using the primary
earnings per share calculation as the above fully diluted calculation is
anti-dilutive.