Odwalla Inc – ‘10-K405’ for 8/31/96 – EX-11.1

As of:  Friday, 12/13/96   ·   For:  8/31/96   ·   Accession #:  891618-96-3054   ·   File #:  0-23036

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Annual Report — [x] Reg. S-K Item 405   —   Form 10-K
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 10-K405     Form 10-K                                             47    245K 
 2: EX-10.12    Office Lease Dated June 1995                          73    225K 
 3: EX-11.1     Statement of Computation of Per Share Earnings         1      5K 
 4: EX-23.1     Consent of Price Waterhouse LLP                        1      5K 
 5: EX-23.2     Consent of Bdo Seidman, LLP                            1      6K 
 6: EX-27.1     Financial Data Schedule                                1      9K 

EX-11.1   —   Statement of Computation of Per Share Earnings

EX-11.1
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                                                                    Exhibit 11.1

 ODWALLA, INC.

STATEMENT OF COMPUTATION OF PER SHARE EARNINGS

                                                        [Enlarge/Download Table]

                                                                             Year Ended August 31,   
                                                                        -----------------------------
                                                                          1994      1995         1996
                                                                          ----      ----         ----
                                                                                (in thousands)       
                                                                                                     
Shares used in Calculation of Net Income                                                             
Weighted average shares of common stock                                                              
    outstanding for the period.....................................    3,437       4,074       4,921 

Shares related to Staff Accounting Bulletin No. 43.................       54          -           -  

Weighted average common share equivalents..........................      132         398         499 
                                                                    --------    --------    -------- 

Shares used in computing net earnings per share....................    3,623       4,472       5,420 
                                                                    ========    ========    ========