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EXHIBIT NO. 11
COMPUTATION OF EARNINGS PER COMMON SHARE
FABRI-CENTERS OF AMERICA, INC.
(THOUSANDS OF DOLLARS, EXCEPT SHARE AND PER SHARE DATA)
THIRTEEN WEEKS ENDED TWENTY-SIX WEEKS ENDED
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JULY 29, JULY 30, JULY 29, JULY 30,
1995 1994 1995 1994
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PRIMARY EARNINGS PER SHARE:
Net loss $ (3,334) $ (5,199) $ (3,056) $ (6,455)
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Weighted average shares of common stock outstanding
during the period 18,373,746 18,260,648 18,372,604 18,249,220
Incremental shares from assumed exercise of stock
options - primary 801,902 312,322 683,530 384,338
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19,175,648 18,572,970 19,056,134 18,633,558
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Primary loss per common share $ (0.17) $ (0.28) $ (0.16) $ (0.35)
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FULLY DILUTED EARNINGS PER SHARE:
Net loss $ (3,334) $ (5,199) $ (3,056) $ (6,455)
Interest expense applicable to 6 1/4% convertible
subordinated debentures,net of tax 548 548 1,095 1,095
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Net loss $ (2,786) $ (4,651) $ (1,961) $ (5,360)
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Weighted average shares of common stock outstanding
during the period 18,373,746 18,260,648 18,372,604 18,249,220
Incremental shares from assumed exercise of stock
options - fully diluted 973,222 316,272 982,986 389,922
Incremental shares from assumed conversion of 6 1/4%
convertible subordinated debentures 2,337,764 2,337,764 2,337,764 2,337,764
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21,684,732 20,914,684 21,693,354 20,976,906
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Fully diluted loss per common share $ (0.13) $ (0.22) $ (0.09) $ (0.26)
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<FN>
NOTE: This calculation is submitted in accordance with Regulation S-K Item 601(b) (11) although it is contrary to paragraph 40 of
APB Opinion No. 15, because it produces an anti-dilutive result.
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