EX-11 3 dex11.htm COMPUTATION OF EARNINGS PER SHARE Computation Of Earnings Per Share

Exhibit 11

 

CHURCH & DWIGHT CO., INC. AND SUBSIDIARIES

 

EXHIBIT 11 - Computation of Earnings Per Share

(In thousands except per share amounts)

 

     2003
    2002
    2001

BASIC:

                     

Net Income

    $ 80,961    $ 66,690    $ 46,984

Weighted average shares outstanding

      40,227      39,630      38,879

Basic earnings per share

    $ 2.01    $ 1.68    $ 1.21

DILUTED:

                     

Net Income

    $ 80,961    $ 66,690    $ 46,984

Weighted average shares outstanding

      40,227      39,630      38,879

Incremental shares under stock option plans

      1,972      2,179      1,940
    
  
  

Adjusted weighted average shares outstanding

      42,199      41,809      40,819
    
  
  

Diluted earnings per share

    $ 1.92    $ 1.60    $ 1.15