Attached files

file filename
EXCEL - IDEA: XBRL DOCUMENT - CPI CORPFinancial_Report.xls
EX-31.1 - CERTIFICATION BY CEO - CPI CORPcpicorp-311.htm
EX-32.0 - CERTIFICATION BY CEO AND CFO - CPI CORPcpicorp-320.htm
EX-11.2 - COMPUTATION OF PER COMMON SHARE - BASIC - CPI CORPcpicorp-112.htm
EX-31.2 - CERTIFICATION BY CFO - CPI CORPcpicorp-312.htm
EX-10.54 - FIRST AMENDMENT TO CREDIT AGREEMENT - CPI CORPcpicorp-10541stamendmentto.htm
EX-10.52 - SEVENTH AMENDMENT TO MASTER LEASE AGREEMENT - CPI CORPcpicorp-1052wm7thamendment.htm
10-Q - CPI CORP. THIRD QUARTER FY 2011 10-Q - CPI CORPcpicorp-10q.htm
EX-10.53 - CERTIFICATE OF AMENDMENT OF CERTIFICATE OF INCORPORATION - CPI CORPcpicorp-1053certamend.htm


EXHIBIT 11.1
 
CPI Corp.
Computation of Per Common Share Loss - Diluted
(Unaudited)
 
 
in thousands, except share and per share data
16 Weeks Ended
 
40 Weeks Ended
 
 
November 12, 2011
 
November 13, 2010
 
November 12, 2011
 
November 13, 2010
 
Diluted:
 
 
 
 
 
 
 
 
Net loss applicable to common shares
$
(7,250
)
 
$
(7,713
)
 
$
(12,747
)
 
$
(2,991
)
 
 
 
 
 
 
 
 
 
 
Shares:
 

 
 

 
 

 
 

 
Weighted average number of common shares outstanding
9,136,901

 
9,445,585

 
9,123,898

 
9,404,792

 
Dilutive effect of exercise of certain stock options

 

 

*

**
Less: Treasury stock - weighted average
(2,097,043
)
 
(2,133,566
)
 
(2,097,043
)
 
(2,133,566
)
 
 
 
 
 
 
 
 
 
 
Weighted average number of common and common equivalent shares outstanding
7,039,858

 
7,312,019

 
7,026,855

 
7,271,226

 
 
 
 
 
 
 
 
 
 
Net loss per common and common equivalent shares
$
(1.03
)
 
$
(1.05
)
 
$
(1.81
)
 
$
(0.41
)
 

* The effect of stock options in the amount of 956 shares was not considered as the effect was antidilutive.
** The effect of stock options in the amount of 544 shares was not considered as the effect was antidilutive.