EXHIBIT (11)
LIQUI-BOX CORPORATION
STATEMENT RE COMPUTATION OF EARNINGS PER SHARE
Thirteen Weeks Ended
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April 3, April 4,
1999 1998
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BASIC:
Weighted average number of common
shares outstanding 4,652,120 4,755,645
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Net Income $4,424,000 $3,656,000
BASIC EARNINGS PER SHARE $ 0.95 $ 0.77
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DILUTED:
Weighted average number of common
shares outstanding 4,652,120 4,755,645
Net effect of dilutive stock options
based on treasury stock method using the
quarter-end market price
if higher than average market price 224,587 178,479
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Weighted average common and common
equivalent shares 4,876,707 4,934,124
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Net Income $4,424,000 $3,656,000
EARNINGS PER COMMON AND COMMON
EQUIVALENT SHARES $ 0.91 $ 0.74
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