EX-11 3 pbg2q10q2004exhibt11_1.txt PEPSI BOTTLING GROUP (EXHIBIT 11.1) Exhibit 11.1 The Pepsi Bottling Group, Inc. Computation of Basic and Diluted Earnings Per Share (in millions, except per share data)
12 Weeks Ended 24 Weeks Ended -------------- -------------- June 12, June 14, June 12, June 14, 2004 2003 2004 2003 ------ ------ ------ ------ Number of shares on which basic earnings per share is based: Average outstanding during period................ 258 273 259 276 Add - Incremental shares under stock compensation plans............................. 9 6 9 7 ---- ---- ---- ---- Number of shares on which diluted earnings per share is based...................... 267 279 268 283 Net earnings applicable to common shareholders ................................... $ 142 $ 131 $ 192 $ 164 Net earnings on which diluted earnings per share is based ............................. $ 142 $ 131 $ 192 $ 164 Basic earnings per share........................... $0.55 $0.48 $0.74 $0.59 Diluted earnings per share......................... $0.53 $0.47 $0.72 $0.58