EX-11 6 dex11.txt COMPUTATION OF NET EARNINGS NUCOR CORPORATION Exhibits 11 and 21 to Form 10-K - 2001 EXHIBIT 11 - COMPUTATION OF NET EARNINGS PER SHARE --------------------------------------------------
Year ended December 31, ---------------------------------------- 2001 2000 1999 ------------ ------------ ------------ BASIC: Basic net earnings......................... $112,961,007 $310,907,988 $244,589,094 ============ ============ ============ Average shares outstanding................. 77,707,832 81,762,429 87,247,160 ========== ========== ========== Basic net earnings per share............... $1.45 $3.80 $2.80 ====== ===== ====== DILUTED: Diluted net earnings....................... $112,961,007 $310,907,988 $244,589,094 ============ ============ ============ Diluted average shares outstanding: Basic shares outstanding................. 77,707,832 81,762,429 87,247,160 Dilutive effect of employee stock options 75,412 14,825 40,116 ------------ ------------ ------------ 77,783,244 81,777,254 87,287,276 ============ ============ ============ Diluted net earnings per share............. $1.45 $3.80 $2.80 ===== ===== =====