Exhibit 11.1
DECKERS OUTDOOR CORPORATION
AND SUBSIDIARIES
Statement of Computation of Earnings (Loss) per Share
(Unaudited)
THREE-MONTH PERIOD ENDED
SEPTEMBER 30,
-----------------------------
1996 1995
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Net earnings (loss) $ 567,000 (1,200,000)
Less: earnings attributed to holders of stock options
in a subsidiary of the Company (assuming
exercise) ---- 170,000
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Net earnings (loss) available to common stockholders $ 567,000 (1,370,000)
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Weighted average common stock outstanding 9,257,000 9,242,000
Common stock equivalents - stock options 92,000 ----
------------ ------------
9,349,000 9,242,000
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Net earnings (loss) per share $ 0.06 (0.15)
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NINE-MONTH PERIOD ENDED
SEPTEMBER 30,
-----------------------------
1996 1995
------------ ------------
Net earnings $ 3,070,000 4,648,000
Less: earnings attributed to holders of stock options
in a subsidiary of the Company (assuming
exercise) ---- 207,000
------------ ------------
Net earnings available to common stockholders $ 3,070,000 4,441,000
============ ============
Weighted average common stock outstanding 9,252,000 9,351,000
Common stock equivalents - stock options 65,000 28,000
------------ ------------
9,317,000 9,379,000
============ ============
Net earnings per share $ 0.33 0.47
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