EXHIBIT 11 SYRATECH CORPORATION AND SUBSIDIARIES COMPUTATION OF NET LOSS PER COMMON SHARE (UNAUDITED) (IN THOUSANDS, EXCEPT PER SHARE DATA) Three Months Ended Six Months Ended June 30, June 30, --------------------- ---------------------- 1999 1998 1999 1998 -------- -------- -------- --------- BASIC AND DILUTED LOSS PER SHARE: Net loss per common share ....... $ (1.56) $ (1.64) $ (3.45) $ (3.52) -------- -------- -------- --------- -------- -------- -------- --------- Weighted average number of shares outstanding ............ 3,784 3,784 3,784 3,784 -------- -------- -------- --------- -------- -------- -------- ---------