Attached files

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EX-31.2 - CERTIFICATION BY CFO - CPI CORPexh31_2.htm
EX-31.1 - CERTIFICATION BY CEO - CPI CORPexh31_1.htm
EX-11.2 - COMPUTATION OF PER COMMON SHARES LOSS-BASIC - CPI CORPexh11_2.htm
EX-10.51 - OFFICER'S LTIP AWARDS - CPI CORPexh10_51.htm
10-Q - CPI CORP. FY 2010 THIRD QUARTER 10-Q - CPI CORPcpicorp3rdqtr2010.htm
EX-32.0 - CERTIFICATION BY CEO AND CFO - CPI CORPexh32_0.htm
EXHIBIT 11.1
 
CPI CORP.
Computation of Per Common Shares Loss - Diluted
(Unaudited)
 
 
 
 
in thousands, except share and per share data
 
16 Weeks Ended
   
40 Weeks Ended
 
     
November 13, 2010
   
November 14, 2009
   
November 13, 2010
   
November 14, 2009
 
 
Diluted:
                       
     
Net loss applicable to common shares
  $ (7,713 )   $ (6,802 )   $ (2,991 )   $ (7,901 )
                                   
 
Shares:
                               
     
Weighted average number of common shares outstanding
    9,445,585       9,179,423       9,404,792       9,306,194  
     
Dilutive effect of exercise of certain stock options
    -       - *     - **     - ***
     
Less: Treasury stock - weighted average
    (2,133,566 )     (2,175,591 )     (2,133,566 )     (2,318,448 )
                                   
     
Weighted average number of common and common
                               
       
equivalent shares outstanding
    7,312,019       7,003,832       7,271,226       6,987,746  
                                   
     
Net loss per common and common equivalent shares
  $ (1.05 )   $ (0.97 )   $ (0.41 )   $ (1.13 )
                                   
    *  
The effect of stock options in the amount of 839 shares was not considered as the
               
         
effect is antidilutive.
                 
                     
    **  
The effect of stock options in the amount of 544 shares was not considered as the
             
         
effect is antidilutive.
                 
                             
    ***  
The effect of stock options in the amount of 827 shares was not considered as the
               
         
effect is antidilutive.