EX-11 3 a2042040zex-11.txt EXHIBIT 11 EXHIBIT 11 SCHEDULE OF COMPUTATION OF NET INCOME PER SHARE AND DILUTED NET INCOME PER SHARE ALBANY INTERNATIONAL CORP. EXHIBIT 11 SCHEDULE OF COMPUTATION OF NET INCOME PER SHARE AND DILUTED NET INCOME PER SHARE (in thousands, except per share data)
For the three months For the year ended December 31, ended December 31, 2000 (1) 1999 (1) 2000 (1) 1999 (1) ------------ ------------ ------------ ------------ Net income $ 9,331 ($ 950) $ 38,085 $ 30,222 ============ ============ ============ ============ Weighted average number of shares 30,752,319 30,428,606 30,632,284 30,339,938 Effect of potentially dilutive securities: Stock options (2) 1,033 1,495 4,164 142,584 ------------ ------------ ------------ ------------ Weighted average number shares, including the effect of potentially dilutive securities 30,753,352 30,430,101 30,636,448 30,482,522 ============ ============ ============ ============ Net income per share $ 0.30 ($ 0.03) $ 1.24 $ 1.00 ============ ============ ============ ============ Diluted net income per share $ 0.30 ($ 0.03) $ 1.24 $ 0.99 ============ ============ ============ ============