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EXHIBIT 11 - STATEMENT RE: COMPUTATION OF PER SHARE EARNINGS
AMERICAN EAGLE OUTFITTERS, INC.
FEBRUARY 1, 1997
(In thousands, except per share data) For the Six
For the Years Ended Months Ended For the Years Ended
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Feb. 1, Feb. 3, Feb. 3, Jan. 28, July 29, July 30,
1997 1996 1996 1995 1995 1994
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Financial Statement Presentation:
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PRIMARY
Average shares outstanding 9,889 9,964 9,930 10,000 10,000 8,389
Net effect of dilutive stock options (less than 3%
reduction) - - - - - -
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Total 9,889 9,964 9,930 10,000 10,000 8,389
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Net Income (Loss) $ 5,925 $ (1,334) $ 7,142 $ 15,241 $ 6,765 $ 6,629
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Per share amount $ 0.60 $ (0.13) $ 0.72 $ 1.52 $ 0.68 $ 0.79
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FULLY DILUTED
Average shares outstanding 9,889 9,964 9,930 10,000 10,000 8,389
Net effect of dilutive stock options (less than 3%
reduction) - - - - - -
-------- -------- -------- -------- -------- --------
Total 9,889 9,964 9,930 10,000 10,000 8,389
======== ======== ======== ======== ======== ========
Net Income (Loss) $ 5,925 $ (1,334) $ 7,142 $ 15,241 $ 6,765 $ 6,629
======== ======== ======== ======== ======== ========
Per share amount $ 0.60 $ (0.13) $ 0.72 $ 1.52 $ 0.68 $ 0.79
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Presentation according to Regulation S-K Item 601 (11):
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PRIMARY
Average shares outstanding 9,889 9,964 9,930 10,000 10,000 8,389
Net effect of dilutive stock options based on the
treasury stock method using average market price 219 12 7 65 44 -
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Total 10,108 9,976 9,937 10,065 10,044 8,389
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Net Income (Loss) $ 5,925 $ (1,334) $ 7,142 $ 15,241 $ 6,765 $ 6,629
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Per share amount $ 0.59 $ (0.13) $ 0.72 $ 1.51 $ 0.67 $ 0.79
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FULLY DILUTED
Average shares outstanding 9,889 9,964 9,930 10,000 10,000 8,389
Net effect of dilutive stock options based on the
treasury stock method using the year-end market price 231 48 7 65 68 -
-------- -------- -------- -------- -------- --------
Total 10,120 10,012 9,937 10,065 10,068 8,389
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Net Income (Loss) $ 5,925 $ (1,334) $ 7,142 $ 15,241 $ 6,765 $ 6,629
======== ======== ======== ======== ======== ========
Per share amount $ 0.59 $ (0.13) $ 0.72 $ 1.51 $ 0.67 $ 0.79
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