EX-11 3 j1993_ex11.htm EX-11 Prepared by MERRILL CORPORATION

Exhibit 11 - Calculation of Earnings per Share

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

Nine Months Ended

 

(In thousands, except per share amounts)

 

Sept. 30, 2001

 

Sept. 24, 2000

 

Sept. 30, 2001

 

Sept. 24, 2000

 

 

 

 

 

 

 

 

 

 

 

Basic Earnings per share:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net Income

 

$

10,451

 

$

11,461

 

$

35,717

 

$

35,978

 

 

 

 

 

 

 

 

 

 

 

Weighted average shares outstanding

 

22,574

 

23,866

 

22,625

 

25,331

 

 

 

 

 

 

 

 

 

 

 

Basic earnings per share

 

$

0.46

 

$

0.48

 

$

1.58

 

$

1.42

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Diluted Earnings per share:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net Income

 

$

10,451

 

$

11,461

 

$

35,717

 

$

35,978

 

 

 

 

 

 

 

 

 

 

 

Weighted average shares outstanding

 

22,574

 

23,866

 

22,625

 

25,331

 

Dilutive effect of outstanding common stock options

 

140

 

139

 

140

 

219

 

Diluted weighted average shares outstanding

 

22,714

 

24,005

 

22,765

 

25,550

 

 

 

 

 

 

 

 

 

 

 

Diluted earnings per share

 

$

0.46

 

$

0.48

 

$

1.57

 

$

1.41