Samsonite Corp/FL – ‘10-Q’ for 10/31/96 – EX-11.1

As of:  Monday, 12/9/96   ·   For:  10/31/96   ·   Accession #:  927356-96-1174   ·   File #:  0-23214

in

this entire Filing. an “Entity” Search.

Show

Documents searched

and

each “hit”. the 1st “hit”.

↓↑Hints

Quarterly Report   —   Form 10-Q
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 10-Q        Quarterly Report                                      29    145K 
 2: EX-10.1     Fourth Amendment to Credit Agreement 10/15/96         23     40K 
 3: EX-10.2     Employment Agreement Betwn Co. & J.P. Murtagh         15     59K 
 4: EX-10.3     Employment Agreement Betwn Co. & R.P. Baird, Jr.      14     59K 
 5: EX-10.4     Employment Agreement Betwn Co. & J.E. Barch           14     58K 
 6: EX-10.5     Employment Agreement Betwn Co. & G.D. Ervick          15     60K 
 7: EX-10.6     Stock Option Agreement Betwn Co. & J. Murtagh         10     44K 
 8: EX-10.7     Stock Option Agreement Betwn Co. & R.P. Baird, Jr.     9     45K 
 9: EX-10.8     Stock Option Agreement Betwn Co. & J.E. Barch          9     45K 
10: EX-10.9     Stock Option Agreement Between Co. & G.D. Ervick       9     45K 
11: EX-11.1     Earnings Per Share Calculation                         1      8K 
12: EX-21       Subsidiaries of the Company                            2±     8K 
13: EX-27       Financial Data Schedule                                2     10K 

EX-11.1   —   Earnings Per Share Calculation

EX-11.1
TOC
↑Top
Previous
Next
↓Bottom
Just 1st
 
                                                    Exhibit 11.1

Samsonite Corporation 
Earnings Per Share Calculation  
Using Modified Treasury Stock Method  
Three Months Ended October 31, 1996 

                                                                [Download Table]

                                                       Primary        Fully Diluted 
                                                      Calculation      Calculation  
                                                    ---------------  ---------------
                                                                                    
Weighted avg common shares outstanding                 16,010,157      16,010,157   

Common stock equivalents outstanding                    4,519,477       4,519,477   

20% limit on assumed purchase                           3,202,031       3,202,031   

Application of assumed proceeds from                                                
    exercise of options:                                                            
    Total assumed proceeds                            116,676,085     116,676,085   
    Share price, average and end of quarter,                                        
     respectively                                          25.218          33.500   
    Proceeds applied to repurchase stock               80,747,761     107,268,052   
    Proceeds applied to reduce debt                    35,928,324       9,408,033   
    Assumed interest savings, net of tax effects          423,954         111,015   

Actual net income for for the quarter                   3,372,000       3,372,000   
    Assumed interest savings                              423,954         111,015   
                                                    -------------    ------------   
    Adjusted net income used in earnings per share                                  
     calculation                                        3,795,954       3,483,015   
                                                    =============    ============   

Weighted average shares outstanding during the                                      
 quarter                                               16,010,157      16,010,157   
    Net additional shares issuable                      1,317,446       1,317,446   
                                                    -------------    ------------   
    Number of shares used in earnings per share                                     
      calculation                                      17,327,603      17,327,603   
                                                    =============    ============   

Earnings per share                                           0.22            0.20   
                                                    =============    ============   

Dates Referenced Herein

This ‘10-Q’ Filing		Date		Other Filings
Filed on:		12/9/96		None on these Dates
For Period End:		10/31/96
				List all Filings