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)    2009    2008    2007

BASIC:

        

Net Income attributable to Church & Dwight Co. Inc.

   $ 243,533    $ 195,174    $ 169,025

Weighted average shares outstanding

     70,379      67,870      65,840

Basic earnings per share

   $ 3.46    $ 2.88    $ 2.57

DILUTED:

        

Net Income attributable to Church & Dwight Co. Inc.

   $ 243,533    $ 195,174    $ 169,025

After-tax interest cost of convertible debt

     —        2,272      3,689
                    

Net Income plus assumed debt conversion

   $ 243,533    $ 197,446    $ 172,714
                    

Weighted average shares outstanding

     70,379      67,870      65,840

Dilutive effect of convertible debt

     —        2,010      3,230

Incremental shares under stock option plans

     1,098      1,236      1,242
                    

Adjusted weighted average shares outstanding

     71,477      71,116      70,312
                    

Diluted earnings per share

   $ 3.41    $ 2.78    $ 2.46