EX-11.1 5 l89862aex11-1.txt EXHIBIT 11.1 STATEMENT RE COMP OF PER SHR EARNGS 1 Exhibit 11.1 GENESEE & WYOMING INC. AND SUBSIDIARIES COMPUTATION OF EARNINGS PER COMMON SHARE (in thousands, except per share amounts)
Three Months Ended Six Months Ended June 30, 2001 June 30, 2001 ------------------ ---------------- BASIC EARNINGS PER SHARE CALCULATION: Net Income available to common shareholders $ 4,851 $11,082 Weighted average number of shares of common stock 6,905 6,835 Earnings per share - basic $ 0.70 $ 1.62 DILUTED EARNINGS PER SHARE CALCULATION: Net Income $ 5,087 $11,554 Weighted average number of shares of common stock and common stock equivalents outstanding: Weighted average number of shares of common stock 6,905 6,835 Common stock equivalents issuable under stock option plans 222 223 Common stock equivalents applicable to Redeemable Convertible Preferred Stock 1,305 1,305 Weighted average number of shares of common stock and common stock equivalents - diluted 8,432 8,364 Earnings per share - diluted $ 0.60 $ 1.38