EX-11 17 dex11.htm COMPUTATION OF EARNINGS PER SHARE Computation of Earnings Per Share

 

Exhibit 11

 

DOMINION RESOURCES, INC.

COMPUTATION OF EARNINGS PER SHARE OF COMMON STOCK

ASSUMING FULL DILUTION

 

    

(Million, Except Per Share Amounts)

    

2002

   

2001

   

2000

Basic earnings per common share:

                     

Consolidated net income (1)

   

$

1,362

   

$

544

   

$

436

    
  
  

Adjustment to average common shares:

                     

Shares of common stock—average

    shares outstanding

   

 

281.0

   

 

250.2

   

 

235.2

Basic earnings per common share

   

$

4.85

   

$

2.17

   

$

1.85

    
  
  

Diluted earnings per common share:

                     

Consolidated net income

   

$

1,362

   

$

544

   

$

436

    
  
  

Adjustment to average common shares:

                     

Shares of common stock—average

    shares outstanding

   

 

282.6

   

 

252.5

   

 

235.9

Diluted earnings per common share

   

$

4.82

   

$

2.15

   

$

1.85

    
  
  

 

Notes:    (1) See the Consolidated Statements of Income.

 

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