Exhibit 11
CENTRAL GARDEN & PET COMPANY
COMPUTATION OF EARNINGS PER COMMON SHARE
(UNAUDITED)
(IN THOUSANDS, EXCEPT PER SHARE AMOUNTS)
NINE MONTHS ENDED THREE MONTHS ENDED
JUNE 29, JUNE 28, JUNE 29, JUNE 28,
1996 1997 1996 1997
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FULLY DILUTED EARNINGS PER SHARE
Net Income $ 7,063 $ 15,038 $ 6,635 $ 11,807
Interest charges on convertible
notes - net of tax -- 2,662 -- 1,069
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Total $ 7,063 17,700 6,635 12,876
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Fully diluted shares
Common and Common equivalent
shares outstanding 11,098 15,466 12,176 15,828
Convertible notes - dilutive -- 3,385 -- 4,107
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Total 11,098 18,851 12,176 19,935
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Fully diluted earnings per share $ 0.64 $ 0.94 $ 0.54 $ 0.65
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