EX-11 19 0019.txt COMPUTATION OF PER SHARE EARNINGS (LOSS) OUTBOARD MARINE CORPORATION EXHIBIT 11: COMPUTATION OF PER SHARE EARNINGS
Three Months Six Months Ended June 30, Ended June 30, ----------------- ----------------- (Dollars and Shares in Millions Except per Share Data) 2000 1999 2000 1999 ------ ----- ------ ----- Basic Earnings per Share: Net earnings (loss) of common shareholders ............ $(28.0) $33.8 $(59.5) $21.9 Weighted Average Number of Shares ..................... 20.4 20.4 20.4 20.4 ------ ----- ------ ----- Basic Earnings (Loss) Per Share ....................... $(1.37) $1.66 $(2.92) $1.07 ====== ===== ====== ===== Diluted Earnings Per Shares: Net Income (Loss) ..................................... $(28.0) $33.8 $(59.5) $21.9 Weighted Average Number of Shares ..................... 20.4 20.6 20.4 20.6 Common Stock Equivalents (Stock Options) .............. -- -- -- -- ------ ----- ------ ----- Average Shares Outstanding ............................ 20.4 20.6 20.4 20.6 ------ ----- ------ ----- Diluted Earnings (Loss) Per Share .................. $(1.37) $1.64 $(2.92) $1.06 ====== ===== ====== =====