EX-11 5 w58891ex11.htm CALCULATION OF EARNINGS PER SHARE OF COMMON STOCK ex11
 

EXHIBIT 11

THE WASHINGTON POST COMPANY
and Subsidiaries

Calculation of Earnings per Share of Common Stock
(Amounts in thousands except per share data)

                           
      Fiscal Year
     
      2001   2000   1999
     
 
 
Weighted average shares outstanding
                       
 
Class A Common
    1,722       1,739       1,739  
 
Class B Common (excluding shares issuable upon exercise of stock options — accounted for below)
    7,764       7,706       8,322  
 
   
     
     
 
Shares used in computation of basic earnings per share
    9,486       9,445       10,061  
Add — Shares assumed issuable upon exercise of stock options
    118       93       122  
Deduct — Shares assumed to be purchased for Treasury with proceeds from exercise of stock options
    (104 )     (78 )     (101 )
 
   
     
     
 
Shares used in computation of diluted earnings per common share
    9,500       9,460       10,082  
 
   
     
     
 
Net income available for common shares
  $ 228,587     $ 135,444     $ 224,835  
 
   
     
     
 
Basic earnings per common share
  $ 24.10     $ 14.34     $ 22.35  
 
   
     
     
 
Diluted earnings per common share
  $ 24.06     $ 14.32     $ 22.30