EX-11 3 e11-0302.htm EX-11 PER SHARE COMPUTATIONS Bausch & Lomb Incorporated



Bausch & Lomb Incorporated


Exhibit 11


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


Third Quarter Ended

  


Nine Months Ended
   

Sept. 28,
2002

  

Sept. 29,
2001

  

Sept. 28,
2002

  

Sept. 29,
2001

Income From Continuing Operations
   Before Change In Accounting
   Principle

  



$9.4         

  



$23.3         

  



$40.1         

  



$28.9         


Change In Accounting Principle,
   Net Of Taxes

  



-         

  



-         

  



-         

  



0.3         


Net Income (a)

  


$9.4         

  


$23.3         

  


$40.1         

  


$29.2         
                 

Actual outstanding Common and
   Class B shares at beginning of
   period

  



53,915         

  



53,615         

  



53,614         

  



53,473          
                 

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

  






(62)         

  






4         

  






182         

  






97         
                 

Weighted Basic Shares (b)

  

53,853         

  

53,619         

  

53,796          

  

53,570          
                 

Effect of assumed exercise of
   Common stock equivalents

  


177         

  


102         

  


168         

  


140         
                 

Weighted Diluted Shares (c)

54,030         

53,721         

53,964          

53,710         

Basic Earnings Per Share (a/b)

$ 0.18         

$ 0.43         

$  0.75          

$  0.54         

Diluted Earnings Per Share  (a/c)

$  0.17         

$ 0.43         

$  0.74          

$  0.54