EX-11 2 dex11.htm CALCULATION OF EARNINGS PER SHARE OF COMMON STOCK. Calculation of earnings per share of common stock.

Exhibit 11

 

THE WASHINGTON POST COMPANY

 

CALCULATION OF EARNINGS

PER SHARE OF COMMON STOCK

(In thousands of shares)

 

     Thirteen Weeks Ended
    Twenty-Six Weeks Ended
     June 27,
2004
    June 29,
2003
    June 27,
2004
    June 29,
2003

Number of shares of Class A and Class B common stock outstanding at beginning of period

      9,550      9,526      9,542      9,511

Issuance of shares of Class B common stock (weighted), net of forfeiture of restricted stock awards

      13      1      15      16
    
  
  
  

Shares used in the computation of basic earnings per common share

      9,563      9,527      9,557      9,527

Adjustment to reflect dilution from common stock equivalents

      33      28      31      27
    
  
  
  

Shares used in the computation of diluted earnings per common share

      9,596      9,555      9,588      9,554
    
  
  
  

Net income available for common shares

    $ 84,659    $ 60,390    $ 143,583    $ 132,935
    
  
  
  

Basic earnings per common share

    $ 8.85    $ 6.34    $ 15.02    $ 13.95
    
  
  
  

Diluted earnings per common share

    $ 8.82    $ 6.32    $ 14.98    $ 13.91