CHURCH & DWIGHT CO., INC. AND SUBSIDIARIES
EXHIBIT 11 - Computation of Earnings Per Share
| Three Months Ended | Six Months Ended | |||||||||||
| (In thousands except per share amounts) |
June 26, 2009 |
June 27, 2008 |
June 26, 2009 |
June 27, 2008 | ||||||||
| BASIC: |
||||||||||||
| Net Income attributable to Church & Dwight Co. Inc. |
$ | 58,156 | $ | 45,765 | $ | 120,725 | $ | 101,956 | ||||
| Weighted average shares outstanding |
70,342 | 66,574 | 70,288 | 66,459 | ||||||||
| Basic earnings per share |
$ | 0.83 | $ | 0.69 | $ | 1.72 | $ | 1.53 | ||||
| DILUTED: |
||||||||||||
| Net Income attributable to Church & Dwight Co. Inc. |
$ | 58,156 | $ | 45,765 | $ | 120,725 | $ | 101,956 | ||||
| After-tax interest cost of convertible debt |
— | 918 | — | 1,836 | ||||||||
| Net Income plus assumed debt conversion |
$ | 58,156 | $ | 46,683 | $ | 120,725 | $ | 103,792 | ||||
| Weighted average shares outstanding |
70,342 | 66,574 | 70,288 | 66,459 | ||||||||
| Dilutive effect of convertible debt |
— | 3,234 | — | 3,234 | ||||||||
| Incremental shares under stock option plans |
1,086 | 1,259 | 1,082 | 1,251 | ||||||||
| 71,428 | 71,067 | 71,370 | 70,944 | |||||||||
| Diluted earnings per share |
$ | 0.81 | $ | 0.66 | $ | 1.69 | $ | 1.46 | ||||