1 Exhibit 11 STATER BROS. HOLDINGS INC. Calculation of Earnings Per Common Share (Unaudited) (In thousands, except number of shares and per share amounts) 13 Weeks Ended 39 Weeks Ended -------------- -------------- June 25, June 23, June 25, June 23, 1995 1996 1995 1996 ---- ---- ---- ---- Net income $ 2,162 $ 4,385 $ 5,315 $ 12,323 Less preferred dividends - 1,816 - 2,155 ------- -------- -------- -------- Net income available to common shareholders $ 2,162 $ 2,569 $ 5,315 $ 10,168 ======= ======== ======== ======== Earnings per common share $ 21.62 $ 51.38 $ 53.15 $ 126.75 ======= ======== ======== ======== Average common shares outstanding 100,000 50,000 100,000 80,220 ======= ======== ======== ======== Common shares outstanding at end of period 100,000 50,000 100,000 50,000 ======= ======== ======== ======== 20