EX-11 3 dex11.txt COMPUTATION OF NET EARNINGS NUCOR CORPORATION Exhibit 11 to Form 10-Q - March 30, 2002 Exhibit 11 - Computation of net earnings per share Three Months (13 Weeks) Ended ----------------------------- March 30, 2002 March 31, 2001 -------------- -------------- (Unaudited) (Unaudited) --------- --------- Basic: Basic net earnings $20,262,295 $32,738,976 =========== ============ Average shares outstanding 77,917,864 77,586,843 ========== ========== Basic net earnings per share $.26 $.42 ==== ==== Diluted: Diluted net earnings $20,262,295 $32,738,976 =========== =========== Diluted average shares outstanding: Basic shares outstanding 77,917,864 77,586,843 Dilutive effect of employee stock options 210,910 47,122 ---------- ---------- 78,128,774 77,633,965 ========== ========== Diluted net earnings per share $.26 $.42 ==== ==== The information furnished has not been audited.