1
Exhibit (11)
COMPUTATION OF PER SHARE EARNINGS
LIQUI-BOX CORPORATION
Fifty-two Fifty-two Fifty-two
Weeks Ended Weeks Ended Weeks Ended
December 30, 1995 December 31, 1994 January 1, 1994
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Primary:
Weighted average number of
common shares outstanding 6,223,395 6,327,969 6,347,450
Net effect of dilutive stock options--
based on treasury stock method
using average market price 173,917 146,659 136,399
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Weighted average common and
common equivalent shares 6,397,312 6,474,628 6,483,849
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Net Income $12,085,000 $13,327,000 $12,937,000
Earnings per common and
common equivalent share $ 1.89 $ 2.06 $ 2.00
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Fully Diluted:
Weighted average number of
common shares outstanding 6,223,395 6,327,969 6,347,450
Net effect of dilutive stock options--
based on treasury stock method using the
year-end market price,
if higher than average market price 173,917 146,659 157,444
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Fully diluted shares 6,397,312 6,474,628 6,504,894
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Net Income $12,085,000 $13,327,000 $12,937,000
Earnings per common and
common equivalent share $ 1.89 $ 2.06 $ 1.99
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