EX-11 4 dex11.txt COMPUTATIONS OF PER SHARE EARNINGS EXHIBIT 11 ---------- THE LIMITED, INC. AND SUBSIDIARIES COMPUTATION OF PER SHARE EARNINGS (Thousands except per share amounts)
Thirteen Weeks Ended ----------------------------- November 3, October 28, 2001 2000 ----------- ----------- Net income $ 90,151 $ 49,231 Less: impact of IBI dilutive options and restricted shares on consolidated income* - (468) ----------- ----------- Adjusted net income $ 90,151 $ 48,763 =========== =========== Weighted average common shares outstanding: Basic shares 428,591 425,578 Dilutive effect of stock options and restricted shares 4,223 15,791 ----------- ----------- Diluted shares 432,814 441,369 =========== =========== Net income per diluted share $ 0.21 $ 0.11 =========== =========== Thirty-nine Weeks Ended ---------------------------- November 3, October 28, 2001 2000 ----------- ----------- Net income $ 192,392 $ 189,754 Less: impact of IBI dilutive options and restricted shares on consolidated income* (303) (2,319) ----------- ----------- Adjusted net income $ 192,089 $ 187,435 =========== =========== Weighted average common shares outstanding: Basic shares 427,506 428,226 Dilutive effect of stock options and restricted shares 7,266 16,075 ----------- ----------- Diluted shares 434,772 444,301 =========== =========== Net income per diluted share $ 0.44 $ 0.42 =========== ===========
*Represents the impact of dilutive options and restricted shares at Intimate Brands as a reduction to income.