EX-11 2 a06-15512_1ex11.htm EX-11

EXHIBIT 11

TELLABS, INC.

COMPUTATION OF PER SHARE EARNINGS

In millions, except per share amounts

 

 

Second Quarter

 

Six Months

 

 

06/30/06

 

07/1/05

 

06/30/06

 

07/1/05

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net earnings

 

$

53.5

 

$

41.1

 

$

105.9

 

$

41.8

 

 

 

 

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

 

 

 

Denominator for basic earnings per share —

 

 

 

 

 

 

 

 

 

Weighted average shares outstanding

 

447.7

 

447.7

 

448.8

 

451.8

 

 

 

 

 

 

 

 

 

 

 

Effect of dilutive securities:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Employee stock options and awards

 

10.8

 

3.7

 

10.8

 

3.4

 

 

 

 

 

 

 

 

 

 

 

Denominator for diluted earnings per share —

 

 

 

 

 

 

 

 

 

Adjusted weighted average shares outstanding and assumed conversions

 

458.5

 

451.4

 

459.6

 

455.2

 

 

 

 

 

 

 

 

 

 

 

Net earnings per share — basic

 

$

0.12

 

$

0.09

 

$

0.24

 

$

0.09

 

Net earnings per share — diluted

 

$

0.12

 

$

0.09

 

$

0.23

 

$

0.09

 

 

1