EX-11.1 2 h83966ex11-1.txt EARNINGS PER SHARE CALCULATION 1 STERLING CHEMICALS HOLDINGS, INC. EXHIBIT 11.1 EARNINGS PER SHARE COMPUTATION (Amounts in thousands, except per share data)
Three Months Ended December 31, ------------------------------- 2000 1999 ------------- -------------- BASIC EARNINGS PER SHARE Weighted average number of shares of common stock outstanding 12,776 12,612 Net loss $ (30,442) $ (10,362) Less: preferred dividend requirements and accretion (802) (719) ------------ ------------ Net loss used in basic loss per share $ (31,244) $ (11,081) ============ ============ BASIC LOSS PER SHARE $ (2.45) $ (0.88) ============ ============ DILUTED EARNINGS PER SHARE Weighted average number of shares of common stock 12,776 12,612 outstanding Net loss $ (30,442) $ (10,362) Less: preferred dividend requirements and accretion (802) (719) ------------ ------------ Net loss used in diluted loss per share $ (31,244) $ (11,081) ============ ============ DILUTED LOSS PER SHARE $ (2.45) $ (0.88) ============ ============