EX-11 6 ex-11.txt EXHIBIT 11 Exhibit 11 Tetra Tech, Inc. Computation of Net Income Per Common Share (Unaudited)
THREE MONTHS ENDED NINE MONTHS ENDED --------------------------------- --------------------------------- July 2, July 4, July 2, July 4, 2000 1999 2000 1999 --------------- ---------------- --------------- ---------------- Basic: Common stock outstanding, beginning of period............................ 38,663,000 37,578,000 38,434,000 35,788,000 Exchanged stock........................ -- 6,000 -- 143,000 Stock options exercised................ 201,000 73,000 418,000 244,000 Stock purchase plan issuance........... 166,000 156,000 166,000 156,000 Issuance of common stock............... 573,000 364,000 585,000 1,846,000 Payment of fractional shares........... -- (45,000) -- (45,000) -------------- --------------- --------------- ---------------- Common stock outstanding, end of period............................ 39,603,000 38,132,000 39,603,000 38,132,000 ============== =============== =============== ================ Weighted average common stock outstanding during the period........ 39,287,000 37,801,000 38,768,000 36,805,000 ============== =============== =============== ================ Net income as reported in condensed consolidated financial statements.... $ 9,920,000 $ 8,503,000 $ 25,608,000 $ 20,392,000 ============== ============== =============== ================ Basic Earnings Per Share............... $ 0.25 $ 0.22 $ 0.66 $ 0.55 ============== ============== =============== ================ Diluted: Weighted average common stock outstanding during the period........ 39,287,000 37,801,000 38,768,000 36,805,000 Potential common shares under the treasury stock method assuming the exercise of options and warrants and the conversion of preferred stock and exchangeable stock of a subsidiary........................... 2,817,000 2,344,000 2,453,000 2,461,000 -------------- --------------- --------------- ---------------- Total............................ 42,104,000 40,145,000 41,221,000 39,266,000 ============== ============== =============== ================ Net income as reported in condensed consolidated financial statements.... $ 9,920,000 $ 8,503,000 $ 25,608,000 $ 20,392,000 ============== ============== =============== ================ Diluted Earnings Per Share............. $ 0.24 $ 0.21 $ 0.62 $ 0.52 ============== ============== =============== ================
See accompanying Notes to the Condensed Consolidated Financial Statements.