EX-11 2 odcex1110312021.htm EX-11 COMPUTATION OF EARNINGS PER SHARE Document

Exhibit 11:


OIL-DRI CORPORATION OF AMERICA AND SUBSIDIARIES
Computation of Earnings Per Share
(in thousands, except per share amounts)

For the Three Months Ended October 31,
20212020
Net income available to stockholders$585 $3,984 
Less: Distributed and undistributed earnings allocated
 to non-vested restricted stock		(35)(199)
Earnings available to common shareholders$550 $3,785 
Shares Calculation
Average shares outstanding - Basic Common5,113 5,149 
Average shares outstanding - Basic Class B Common1,921 1,926 
Potential Common Stock - Basic Common - relating to non-vested restricted stock124 127 
Potential Common Stock - Basic Class B Common - relating to non-vested restricted stock46 52 
Average shares outstanding - Assuming dilution7,204 7,254 
Net Income Per Share: Basic Common$0.08 $0.57 
Net Income Per Share: Basic Class B Common$0.07 $0.43 
Net Income Per Share: Diluted Common$0.08 $0.56 
Net Income Per Share: Diluted Class B Common$0.06 $0.42 



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