Exhibit 11.1
DECKERS OUTDOOR CORPORATION
AND SUBSIDIARIES
Statement of Computation of Earnings per Share
(Unaudited)
THREE-MONTH PERIOD ENDED
JUNE 30,
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1996 1995
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Net earnings $ 1,024,000 1,135,000
Less: earnings attributed to holders of
stock options in a subsidiary of the
Company (assuming exercise) ---- 13,000
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Net earnings available to common stockholders $ 1,024,000 1,122,000
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Weighted average common stock outstanding 9,247,000 9,242,000
Common stock equivalents - stock options 78,000 43,000
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9,325,000 9,285,000
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Net earnings per share $ 0.11 0.12
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SIX-MONTH PERIOD ENDED
JUNE 30,
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1996 1995
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Net earnings $ 2,503,000 5,848,000
Less: earnings attributed to holders of
stock options in a subsidiary of
the Company (assuming exercise) ---- 37,000
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Net earnings available to common stockholders $ 2,503,000 5,811,000
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Weighted average common stock outstanding 9,245,000 9,405,000
Common stock equivalents - stock options 61,000 42,000
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9,306,000 9,447,000
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Net earnings per share $ 0.27 0.62
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