EXHIBIT 11
CENTRAL GARDEN & PET COMPANY
COMPUTATION OF FULLY DILUTED EARNINGS PER SHARE
(Unaudited)
(In thousands, except per share amounts)
Six Months Ended Three Months Ended
March 30, March 29, March 30, March 29,
1996 1997 1996 1997
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FULLY DILUTED EARNINGS PER SHARE
Net Income $ 428 $ 3,231 $ 2,791 $ 5,038
Interest charges on convertible
notes - net of tax -- -- -- 1,069
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Total $ 428 $ 3,231 $ 2,791 $ 6,107
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Fully diluted shares
Common and Common equivalent
shares outstanding 10,441 15,284 11,836 15,515
Convertible notes - dilutive -- -- -- 4,107
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Total 10,441 15,284 11,836 19,622
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Fully diluted earnings per share $ 0.04 $ 0.21 $ 0.24 $ 0.31
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