EX-11 2 lenoxexhibit11.txt
EXHIBIT 11.0 COMPUTATION OF PER SHARE EARNINGS THREE MONTHS ENDED MARCH 31, ---------------------------------------- 2001 2000 ----------------- ----------------- (IN THOUSANDS, EXCEPT PER SHARE DATA) Net income.............................................................. $ 37 $ 32 -------- -------- Average shares outstanding.............................................. 285 285 -------- -------- Per share amount........................................................ $ 0.13 $ (0.11) ======== ========= Net income.............................................................. $ 37 $ 32 -------- -------- Average shares outstanding.............................................. 285 285 Net effect of dilutive stock options based on the treasury stock method using the average market price or quarter end price, whichever is greater............................................... -- 12 -------- -------- Total shares outstanding....................................... 285 297 -------- -------- Per share amount........................................................ $ 0.13 $ 0.11 ======== ========