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                                                                      Exhibit 11

                               Dean Foods Company
                                        
               Computation of Basic and Diluted Income Per Share
                  (In thousands, except for per share amounts)

<TABLE>
<CAPTION>
                                                           Second Quarter Ended                   Six Months Ended
                                                       November 29,       November 23,      November 29,      November 23,
                                                           1998               1997              1998              1997
                                                       -----------         -----------      ------------       ----------
<S>                                                    <C>                 <C>              <C>                <C>
Income from Continuing Operations                      $   23,354          $  20,525        $   46,267         $   44,833
Income (Loss) from Discontinued Operations                 (1,188)             6,050            (2,929)             3,289
Gain on Sale of Discontinued Operations                    83,820                  -            83,820                  -
                                                       ----------          ---------        ----------         ----------
Net Income                                             $  105,986          $  26,575        $  127,158         $   48,122
                                                       ==========          =========        ==========         ==========


BASIC INCOME (LOSS) PER SHARE:
Income from Continuing Operations                      $      .59          $     .51        $     1.16         $     1.11
Income (Loss) from Discontinued Operations                   (.03)               .15              (.07)               .08
Gain on Sale of Discontinued Operations                      2.10                  -              2.10                  -
                                                       -----------         ---------        -----------        ----------  
Net Income                                             $     2.66          $     .66        $     3.19         $     1.19
                                                       ==========          =========        ==========         ==========

Weighted average common shares outstanding                 39,722             40,508            39,874             40,508
                                                       ==========          =========        ==========         ==========


DILUTED INCOME (LOSS) PER SHARE:
Income from Continuing Operations                      $      .58          $     .50        $     1.14         $     1.08
Income (Loss) from Discontinued Operations                   (.03)               .14              (.07)               .08
Gain on Sale of Discontinued Operations                      2.05                  -              2.05                  -
                                                       -----------         ---------        -----------        ----------  
Net Income                                             $     2.60          $     .64        $     3.12         $     1.16
                                                       ==========          =========        ==========         ==========

Adjusted weighted average common shares*                   40,483             41,375            40,723             41,375
                                                       ==========          =========        ==========         ==========
</TABLE>


*  Includes weighted average number of potential common shares outstanding.
   Potential common shares consist solely of the outstanding options under the
   Company's stock option plan.