EX-11 3 ex11201f.htm ex11201f

Bausch & Lomb Incorporated

Exhibit 11


Statement Regarding Computation of Per Share Earnings
(Dollar Amounts in Millions, Share Amounts in Thousands Except Per Share Data)


 

 

Three Months Ended

 

Six Months Ended

 

 

June 30,

 

June 24,

 

June 30,

 

June 24,

 

 

2001

 

2000

 

2001

 

2000

Net Income Before Change in Accounting
     principle

 


$6.8 

 


$34.6 

 


$5.5 

 


$73.8 

   Change in accounting principle,
     net of taxes

 


 


 


0.3 

 


Net Income (a)

 

$6.8 

 

$34.6 

 

$5.8 

 

$73.8 

 

 

 

 

 

 

 

 

 

Actual outstanding Common and Class B
     shares at beginning of period

 


53,624 

 


53,077 

 


53,473 

 


57,376 

 

 

 

 

 

 

 

 

 

Sum of weighted average activity of    Common and Class B shares issued for
   stock options, restricted stock awards
   and cancellations, and net activity of
   shares held in deferred compensation plan

 





(31)

 





67 

 





73 

 





(2,458)

 

 

 

 

 

 

 

 

 

Weighted Basic Shares (b)

 

53,593 

 

53,144 

 

53,546 

 

54,918 

 

 

 

 

 

 

 

 

 

Effect of assumed exercise of

 

 

 

 

 

 

 

 

   Common stock equivalents

 

188 

 

866 

  

228 

 

856 

 

 

 

 

 

 

 

 

 

Weighted Diluted Shares (c)

53,781 

54,010 

53,774 

55,774 

Basic Earnings Per Share (a/b)

$0.13 

$0.65 

$0.11 

$1.34 

Diluted Earnings Per Share  (a/c)

$0.13 

$0.64 

$0.11 

$1.32