Attached files
EXHIBIT 11.1
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CPI Corp.
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Computation of Per Common Share Income (Loss) - Diluted
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(Unaudited)
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in thousands, except share and per share data
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12 Weeks Ended
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24 Weeks Ended
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July 24, 2010
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July 25, 2009
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July 24, 2010
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July 25, 2009
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Diluted:
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Net income (loss) applicable to common shares
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$ | (1,817 | ) | $ | (3,429 | ) | $ | 4,723 | $ | (1,099 | ) | |||||
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Shares:
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Weighted average number of common shares outstanding
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9,452,312 | 9,180,835 | 9,377,597 | 9,390,707 | ||||||||||||
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Dilutive effect of exercise of certain stock options
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- | * | - | ** | 907 | - | *** | |||||||||
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Less: Treasury stock - weighted average
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(2,133,566 | ) | (2,175,591 | ) | (2,129,186 | ) | (2,413,686 | ) | ||||||||
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Weighted average number of common and common
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equivalent shares outstanding
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7,318,746 | 7,005,244 | 7,249,318 | 6,977,021 | ||||||||||||
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Net income (loss) per common and common equivalent shares
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$ | (0.25 | ) | $ | (0.49 | ) | $ | 0.65 | $ | (0.16 | ) | |||||
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*
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The effect of stock options in the amount of 103,016 shares was not considered as the effect is antidilutive.
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**
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The effect of stock options in the amount of 35,895 shares was not considered as the effect is antidilutive.
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***
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The effect of stock options in the amount of 17,948 shares was not considered as the effect is antidilutive.
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