EX-11 2 w47222ex11.txt STATEMENT REGARDING COMPUTATION OF EARNINGS 1 EXHIBIT 11.0 P.61 of 66 2 Exhibit - 11 Philadelphia Consolidated Holding Corp. and Subsidiaries Computation of Earnings Per Share (Dollars and Share Data in Thousands, Except Per Share Data)
As of and For the Years Ended December 31, ------------------------------------------ 2000 1999 1998 ------- ------- ------- Weighted-Average Common Shares Outstanding 12,178 12,501 12,249 Weighted-Average Share Equivalents Outstanding 2,412 2,615 2,680 ------- ------- ------- Weighted-Average Shares and Share Equivalents Outstanding 14,590 15,116 14,929 ======= ======= ======= Net Income $30,770 $18,843 $20,028 ======= ======= ======= Basic Earnings Per Share $ 2.53 $ 1.51 $ 1.63 ======= ======= ======= Diluted Earnings Per Share $ 2.11 $ 1.25 $ 1.34 ======= ======= =======