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 29, June 30, June 25,
1997 1996 1995
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PRIMARY
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NET INCOME $ 4,528 $ 3,908 $ 3,198
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COMMON SHARES OUTSTANDING 12,873 13,209 13,869
COMMON SHARES EQUIVALENTS:
Net shares issuable upon exercise of stock
options (computed by the "Treasury Stock
Method") 834 798 365
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Weighted average shares and equivalent
shares for primary earnings per share 13,707 14,007 14,234
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NET INCOME PER SHARE $ 0.33 $ 0.28 $ 0.22
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FULLY DILUTED
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COMMON SHARES OUTSTANDING 12,873 13,209 13,869
COMMON SHARES EQUIVALENTS:
Net shares issuable upon exercise of stock
options (computed by the "Treasury Stock
Method") 855 924 365
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Weighted average shares and equivalent
shares for fully diluted earnings per share 13,728 14,133 14,234
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NET INCOME PER SHARE $ 0.33 $ 0.28 $ 0.22
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