EX-11 5 dex11.htm COMPUTATION OF EARNINGS PER SHARE Computation of earnings per share

CHURCH & DWIGHT CO., INC. AND SUBSIDIARIES

EXHIBIT 11 - Computation of Earnings Per Share

(In thousands except per share amounts)

 

     Three Months Ended
     Mar. 31, 2006    Apr. 1, 2005
BASIC:      

Net Income

   $ 39,947    $ 37,701

Weighted average shares outstanding

     64,478      63,321

Basic earnings per share

   $ 0.62    $ 0.60

DILUTED:

     

Net Income

   $ 39,947    $ 37,701

After-tax interest cost of convertible debt

     921      917
             

Net Income plus assumed debt conversion

   $ 40,868    $ 38,618
             

Weighted average shares outstanding

     64,478      63,321

Dilutive effect of convertible debt

     3,226      3,226

Incremental shares under stock option plans

     845      2,455
             

Adjusted weighted average shares outstanding

     68,549      69,002
             

Diluted earnings per share

   $ 0.60    $ 0.56