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EXHIBIT 11
DEP CORPORATION AND SUBSIDIARIES
CONSOLIDATED CONDENSED STATEMENTS OF
COMPUTATION OF EARNINGS PER SHARE
(IN THOUSANDS, EXCEPT PER SHARE DATA)
(UNAUDITED)
Three Months Ended Nine Months Ended
April 30, April 30,
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1995 1994 1995 1994
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Primary:
Net income (loss) ($26,870) $258 ($27,615) ($4,343)
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Shares:
Weighted average shares outstanding 6,245 6,231 6,244 6,226
Shares issuable from assumed exercise of
outstanding options - 8 - 28
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Adjusted weighted average shares outstanding 6,245 6,239 6,244 6,254
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Income (loss) per share ($4.30) $0.04 ($4.42) ($0.69)
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Fully diluted shares are not shown because there is no difference between
primary and fully diluted.