EX-11.0 5 tc71790ex11.htm EXHIBIT 11.0

EXHIBIT 11.0

STATEMENT REGARDING COMPUTATION OF NET INCOME PER SHARE

 

 

Fiscal Year

 

 

 


 

 

 

2005

 

2004

 

2003

 

 

 



 



 



 

 

 

(in thousands, except per share data)

 

Net Income Per Common Share–Basic

 

 

 

 

 

 

 

 

 

 

Weighted average shares outstanding

 

 

78,354

 

 

77,613

 

 

75,633

 

Net income

 

$

87,546

 

$

66,538

 

$

57,230

 

Net income per share–basic

 

$

1.12

 

$

0.86

 

$

0.76

 

Net Income Per Common Share–Diluted

 

 

 

 

 

 

 

 

 

 

Weighted average shares outstanding

 

 

78,354

 

 

77,613

 

 

75,633

 

Net effect of dilutive stock options based on the treasury stock method using average market price

 

 

1,822

 

 

1,782

 

 

2,139

 

Total shares outstanding for computation of per share earnings

 

 

80,176

 

 

79,395

 

 

77,772

 

Net income

 

$

87,546

 

$

66,538

 

$

57,230

 

Net income per share–diluted

 

$

1.09

 

$

0.84

 

$

0.74

 

          Shares of common stock equivalents of approximately 0.2 million, 1.1 million and 0.4 million for fiscal 2005, 2004 and 2003, respectively, were not included in the diluted calculation because they were anti-dilutive.