HAWAIIAN ELECTRIC CO INC - FORM 10-K - EX-11 - HEI COMPUTATION OF EARNINGS PER SHARE OF COMMON STOCK - February 26, 2010

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10-K - FORM 10-K - HAWAIIAN ELECTRIC CO INCd10k.htm
EX-21 - SUBSIDIARIES OF HEI - HAWAIIAN ELECTRIC CO INCdex21.htm
EX-12 - HEI COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES - HAWAIIAN ELECTRIC CO INCdex12.htm
EX-23.1 - CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM - HAWAIIAN ELECTRIC CO INCdex231.htm
EX-31.2 - HEI SECTION 302 CERTIFICATION OF CHIEF FINANCIAL OFFICER - HAWAIIAN ELECTRIC CO INCdex312.htm
EX-32.4 - HECO SECTION 906 CERTIFICATION OF CHIEF FINANCIAL OFFICER - HAWAIIAN ELECTRIC CO INCdex324.htm
EX-12 - HECO COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES - HAWAIIAN ELECTRIC CO INCdex121.htm
EX-4.6(P) - FIFTEENTH AMENDMENT TO TRUST AGREEMENT - HAWAIIAN ELECTRIC CO INCdex46p.htm
EX-31.1 - HEI SECTION 302 CERTIFICATION OF CHIEF EXECUTIVE OFFICER - HAWAIIAN ELECTRIC CO INCdex311.htm
EX-32.2 - HEI SECTION 906 CERTIFICATION OF CHIEF FINANCIAL OFFICER - HAWAIIAN ELECTRIC CO INCdex322.htm
EX-32.3 - HECO SECTION 906 CERTIFICATION OF CHIEF EXECUTIVE OFFICER - HAWAIIAN ELECTRIC CO INCdex323.htm
EX-31.3 - HECO SECTION 302 CERTIFICATION OF CHIEF EXECUTIVE OFFICER - HAWAIIAN ELECTRIC CO INCdex313.htm
EX-32.1 - HEI SECTION 906 CERTIFICATION OF CHIEF EXECUTIVE OFFICER - HAWAIIAN ELECTRIC CO INCdex321.htm
EX-99.1 - RECONCILIATION OF ELECTRIC UTILITY OPERATING INCOME PER HEI AND HECO - HAWAIIAN ELECTRIC CO INCdex991.htm
EX-23.2 - CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM - HAWAIIAN ELECTRIC CO INCdex232.htm
EX-31.4 - HECO SECTION 302 CERTIFICATION OF CHIEF FINANCIAL OFFICER - HAWAIIAN ELECTRIC CO INCdex314.htm
EX-21 - SUBSIDIARIES OF HECO - HAWAIIAN ELECTRIC CO INCdex211.htm
EX-10.18 - RELEASE, TRANSITION AND CONSULTING AGREEMENT - HAWAIIAN ELECTRIC CO INCdex1018.htm
EX-10.10(C) - HEI EXCESS PAY PLAN - HAWAIIAN ELECTRIC CO INCdex1010c.htm
EX-10.17 - SEPARATION AGREEMENT - HAWAIIAN ELECTRIC CO INCdex1017.htm
EX-10.7(C) - SECOND AMENDMENT TO LOW SULFUR FUEL OIL SUPPLY CONTRACT - HAWAIIAN ELECTRIC CO INCdex107c.htm

HEI Exhibit 11

Hawaiian Electric Industries, Inc.

COMPUTATION OF EARNINGS PER SHARE

OF COMMON STOCK

Years ended December 31, 2009, 2008, 2007, 2006 and 2005

 

(in thousands, except per share amounts)

    2009    2008    2007    2006    2005  

Net income (loss)

               

Continuing operations

    $ 83,011    $ 90,278    $ 84,779    $ 108,001    $ 127,444   

Discontinued operations

      —        —        —        —        (755 ) 
                                    
   $ 83,011    $ 90,278    $ 84,779    $ 108,001    $ 126,689   
                                    

Weighted-average number of common shares outstanding

      91,396      84,631      82,215      81,145      80,828   
                                    

Adjusted weighted-average number of common shares outstanding

      91,516      84,720      82,419      81,373      81,200   
                                    

Basic earnings (loss) per common share

               

Continuing operations

    $ 0.91    $ 1.07    $ 1.03    $ 1.33    $ 1.58   

Discontinued operations

      —        —        —        —        (0.01 ) 
                                    
   $ 0.91    $ 1.07    $ 1.03    $ 1.33    $ 1.57   
                                    

Diluted earnings (loss) per common share

               

Continuing operations

    $ 0.91    $ 1.07    $ 1.03    $ 1.33    $ 1.57   

Discontinued operations

      —        —        —        —        (0.01 ) 
                                    
   $ 0.91    $ 1.07    $ 1.03    $ 1.33    $ 1.56