Exhibit 11
CHURCH & DWIGHT CO., INC. AND SUBSIDIARIES
EXHIBIT 11 - Computation of Earnings Per Share
(In thousands except per share amounts)
| Three Months Ended | Nine Months Ended | |||||||||||
| Sept. 29, 2006 | Sept. 30, 2005 | Sept. 29, 2006 | Sept. 30, 2005 | |||||||||
| BASIC: |
||||||||||||
| Net Income |
$ | 38,664 | $ | 34,598 | $ | 115,017 | $ | 106,679 | ||||
| Weighted average shares outstanding |
64,966 | 64,102 | 64,716 | 63,698 | ||||||||
| Basic earnings per share |
$ | 0.60 | $ | 0.54 | $ | 1.78 | $ | 1.67 | ||||
| DILUTED: |
||||||||||||
| Net Income |
$ | 38,664 | $ | 34,598 | $ | 115,017 | $ | 106,679 | ||||
| After-tax interest cost of convertible debt |
922 | 918 | 2,766 | 2,755 | ||||||||
| Net Income plus assumed debt conversion |
$ | 39,586 | $ | 35,516 | $ | 117,783 | $ | 109,434 | ||||
| Weighted average shares outstanding |
64,966 | 64,102 | 64,716 | 63,698 | ||||||||
| Dilutive effect of convertible debt |
3,229 | 3,226 | 3,228 | 3,226 | ||||||||
| Incremental shares under stock option plans |
870 | 2,206 | 808 | 2,330 | ||||||||
| Adjusted weighted average shares outstanding |
69,065 | 69,534 | 68,752 | 69,254 | ||||||||
| Diluted earnings per share |
$ | 0.57 | $ | 0.51 | $ | 1.71 | $ | 1.58 | ||||