EX-11 12 dex11.txt COMPUTATION OF DILUTED EARNINGS PER SHARE Exhibit 11 Computation of Diluted Earnings Per Share (Unaudited) (In millions, except share and per share data)
Year ended December 31, ------------------------ 2001 2000 1999 ------- ------- ------- Earnings: Net income (loss)................................... $(337.7) $ 110.6 $ 212.6 Shares: Weighted average number of Shares of common stock outstanding............... 31,052 30,439 31,516 Weighted average additional shares Assuming conversion of stock options (1)..... -- 1,137 861 ------- ------- ------- Shares--diluted basis........................ 31,052 31,576 32,377 Diluted earnings (loss) per share................... $(10.86) $ 3.50 $ 6.57
-------- (1) The weighted average additional shares of 77.0 thousand for the nine months ended December 30, 2001, assuming conversion of stock options, were not included in the computation of diluted earnings per share because to do so would have had an antidilutive effect on the computation.