EXHIBIT 11.0
PIZZA INN, INC.
COMPUTATION OF NET INCOME PER SHARE
(In thousands, except per share amounts)
Year Ended
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June 30, June 25, June 26,
1996 1995 1994
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PRIMARY
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NET INCOME $ 3,908 $ 3,198 $ 2,573
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COMMON SHARES OUTSTANDING 13,209 13,869 13,558
COMMON SHARES EQUIVALENTS:
Net shares issuable upon exercise of stock
options (computed by the "Treasury Stock
Method") 798 365 493
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Weighted average shares and equivalent
shares for primary earnings per share 14,007 14,234 14,051
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NET INCOME PER SHARE $ 0.28 $ 0.22 $ 0.18
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FULLY DILUTED
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COMMON SHARES OUTSTANDING 13,209 13,869 13,558
COMMON SHARES EQUIVALENTS:
Net shares issuable upon exercise of stock
options (computed by the "Treasury Stock
Method") 924 365 445
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Weighted average shares and equivalent
shares for fully diluted earnings per share 14,133 14,234 14,003
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NET INCOME PER SHARE $ 0.28 $ 0.22 $ 0.18
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