EXHIBIT 11.1:

OIL-DRI CORPORATION OF AMERICA

Computation of Net Income Per Share

(in thousands except for per share amounts)

	Year Ended July 31,
	2021		2020
Net income available to stockholders	$	11,113	$	18,900
Less: Distributed and undistributed earnings allocated to nonvested restricted stock	(493)		(951)
Earnings available to common shareholders	$	10,620	$	17,949
Shares Calculation
Average shares outstanding - Basic Common	5,142		5,149
Average shares outstanding - Basic Class B Common	1,926		2,020
Potential Common Stock - Basic Common - relating to non-vested restricted stock	111		97
Potential Common Stock - Basic Class B Common - relating to non-vested restricted stock	41		29
Average shares outstanding - Assuming dilution	7,220		7,295
Net Income Per Share: Basic Common	$	1.61	$	2.70
Net Income Per Share: Basic Class B Common	$	1.20	$	2.02
Net Income Per Share: Diluted Common	$	1.57	$	2.65
Net Income Per Share: Diluted Class B Common	$	1.18	$	1.99