1
Exhibit 11.1
DECKERS OUTDOOR CORPORATION
AND SUBSIDIARIES
Statement of Computation of Earnings per Share
(Unaudited)
THREE-MONTH PERIOD ENDED
SEPTEMBER 30,
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1997 1996
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Net earnings available to common stockholders $ 468,000 567,000
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Weighted average common stock outstanding 8,997,000 9,257,000
Common stock equivalents - stock options 72,000 92,000
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9,069,000 9,349,000
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Net earnings per share $ 0.05 0.06
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NINE-MONTH PERIOD ENDED
SEPTEMBER 30,
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1997 1996
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Net earnings available to common stockholders $4,047,000 3,070,000
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Weighted average common stock outstanding 8,996,000 9,252,000
Common stock equivalents - stock options 66,000 65,000
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9,062,000 9,317,000
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Net earnings per share $ 0.45 0.33
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