EX-11 4 exh_11.htm EXHIBIT 11 Exhibit 11
EXHIBIT 11
                            JONES APPAREL GROUP, INC.
              Computation of Basic and Diluted Earnings per Share
                     (In millions except per share amounts)


                                         For the Year Ended December 31,
                                        --------------------------------
                                            2000        1999        1998
                                        --------    --------     -------
Basic Earnings per Share:
-------------------------
Net income...........................     $301.9      $188.4      $154.9
                                        ========    ========     =======

Weighted average number of shares
outstanding..........................      119.0       114.1       101.6
                                        ========    ========     =======

Basic earnings per share.............      $2.54       $1.65       $1.52
                                        ========    ========     =======


Diluted Earnings per Share:
---------------------------
Net income...........................     $301.9      $188.4      $154.9
                                        ========    ========     =======

Weighted average number of shares
outstanding..........................      119.0       114.1       101.6

Assumed issuances under exercise
of stock options.....................        2.9         3.9         3.5
                                        --------    --------     -------

                                           121.9       118.0       105.1
                                        ========    ========     =======

Diluted earnings per share...........      $2.48       $1.60       $1.47
                                        ========    ========     =======