EX-11 2 dex11.htm COMPUTATION OF PER SHARE EARNINGS Computation of Per Share Earnings

EXHIBIT 11

TELLABS, INC.

COMPUTATION OF PER SHARE EARNINGS

In millions, except per share amounts

 

     First Quarter
     3/30/07    3/31/06

Numerator:

     

Net earnings

   $ 25.5    $ 52.4
             

Denominator:

     

Denominator for basic earnings per share -

     

Weighted average shares outstanding

     438.2      449.6

Effect of dilutive securities:

     

Employee stock options and awards

     5.0      10.4
             

Denominator for diluted earnings per share -

     

Adjusted weighted average shares outstanding and assumed conversions

     443.2      460.0
             

Net earnings per share – basic

   $ 0.06    $ 0.12
             

Net earnings per share – diluted

   $ 0.06    $ 0.11
             

 

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