EX-11 3 g74949ex11.htm STATEMENT RE COMPUTATION OF PER SHARE EARNINGS ex11
 

EXHIBIT 11

STATEMENT RE COMPUTATION OF PER SHARE EARNINGS

                         
    Year Ended December 31,
   
    2001   2000   1999
   
 
 
    (In thousands except per share amounts.)
Basic Earning per Share
                        
Average shares outstanding
     82,539       84,474       85,564  
 
    
     
     
 
Income available to common shareholders’
   $ 98,463     $ 74,396     $ 102,411  
 
    
     
     
 
Basic Earnings per Share
   $ 1.19     $ 0.88     $ 1.20  
 
    
     
     
 
Diluted Earnings per Share
                        
Average common shares outstanding
     82,539       84,474       85,564  
Effect of dilutive stock options
     440       337       444  
 
    
     
     
 
Average diluted shares outstanding
     82,979       84,811       86,008  
 
    
     
     
 
Income available to common shareholders’
   $ 98,463     $ 74,396     $ 102,411  
 
    
     
     
 
Diluted Earnings per Share
   $ 1.19     $ 0.88     $ 1.19