1 EXHIBIT 11 DIEDRICH COFFEE, INC. COMPUTATION OF PER SHARE EARNINGS TWELVE WEEKS THIRTEEN WEEKS THIRTY-SIX WEEKS THIRTY-NINE WEEKS ENDED MARCH 8, 2000 ENDED APRIL 28, 1999 ENDED MARCH 8, 2000 ENDED APRIL 28, 1999 ------------------- -------------------- ------------------- -------------------- BASIC EARNINGS PER SHARE Net income (loss) $ 79,463 $ (567,839) $ 289,000 $(1,623,256) =========== =========== =========== =========== Weighted average number of shares outstanding during the period 12,616,871 6,172,512 12,418,313 6,172,512 =========== =========== =========== =========== Basic net income (loss) per share: $ 0.01 $ (0.09) $ 0.02 $ (0.26) =========== =========== =========== =========== DILUTED EARNINGS PER SHARE Diluted net income (loss) $ 79,463 $ (567,839) $ 289,000 $(1,623,256) =========== =========== =========== =========== Weighted average number of shares outstanding during the period 12,616,871 6,172,512 12,418,313 6,172,512 Incremental shares attributable to the exercise of outstanding options 409,171 -- 625,122 -- ----------- ----------- ----------- ----------- Total Shares 13,026,042 6,172,512 13,043,435 6,172,512 =========== =========== =========== =========== Diluted net income (loss) per share: $ 0.01 $ (0.09) $ 0.02 $ (0.26) =========== =========== =========== ===========