EX-11.1 4 dex111.txt STATEMENTS REGARDING COMPUTATION OF NET INCOME Exhibit 11.1 PartnerRe Ltd. Computation of Net Income per Common and Common Equivalent Share For the Three Months Ended March 31, 2002 and 2001 (Expressed in thousands of U.S. dollars, except per share amounts)
For the Three Months Ended March 31, 2002 For the Three Months Ended March 31, 200l ----------------------------------------- ----------------------------------------- Income Shares Per-Share Income Shares Per-Share (Numerator) (Denominator) Amount (Numerator) (Denominator) Amount ------------ ------------- --------- ----------- ------------- ---------- Net Income $ 63,255 $ 95,946 Less: Preferred stock dividends 5,000 5,000 ------------ ----------- Basic Net Income Per Share Net Income available to common shareholders 58,255 50,202.6 $ 1.16 90,946 50,121.5 $ 1.81 =========== ========== Effect of Dilutive Securities: Class B Warrants 918.9 901.3 Stock Options 566.0 530.8 ------------ ------------- ----------- ----------- Diluted Net Income Per Share Net income available to common shareholders $ 58,255 51,687.5 $ 1.13 $ 90,946 51,553.6 $ 1.76 ============ ============= ========= =========== =========== ----------