Attached files
Exhibit 11
KIMBALL INTERNATIONAL, INC. AND SUBSIDIARIES
COMPUTATION OF EARNINGS PER SHARE
(Unaudited) |
Three Months Ended December 31, 2010 |
Three Months Ended December 31, 2009 |
||||||||||
(Amounts in Thousands, Except for Per Share Data) | Class A | Class B | Total | Class A | Class B | Total | ||||||
Basic Earnings Per Share: | ||||||||||||
Dividends Declared | $ 473 | $ 1,361 | $ 1,834 | $ 487 | $ 1,337 | $ 1,824 | ||||||
Less: Unvested Participating Dividends | -0- | -0- | -0- | (4) | -0- | (4) | ||||||
Dividends to Common Share Owners | 473 | 1,361 | 1,834 | 483 | 1,337 | 1,820 | ||||||
Undistributed Earnings (Loss) | (958) | 82 | ||||||||||
Less: Earnings (Loss) Allocated to Participating Securities | -0- | -0- | ||||||||||
Undistributed Earnings (Loss) Allocated to Common Share Owners | (267) | (691) | (958) | 23 | 59 | 82 | ||||||
Net Income Available to Common Share Owners | $ 206 | $ 670 | $ 876 | $ 506 | $ 1,396 | $ 1,902 | ||||||
Average Basic Common Shares Outstanding |
10,510 | 27,219 | 37,729 | 10,631 | 26,708 | 37,339 | ||||||
Basic Earnings Per Share |
$ 0.02 | $ 0.02 | $ 0.05 | $ 0.05 | ||||||||
Diluted Earnings Per Share: | ||||||||||||
Dividends Declared and Assumed Dividends on Dilutive Shares | $ 476 | $ 1,361 | $ 1,837 | $ 489 | $ 1,337 | $ 1,826 | ||||||
Less: Unvested Participating Dividends | -0- | -0- | -0- | (4) | -0- | (4) | ||||||
Dividends and Assumed Dividends to Common Share Owners | 476 | 1,361 | 1,837 | 485 | 1,337 | 1,822 | ||||||
Undistributed Earnings (Loss) | (961) | 80 | ||||||||||
Less: Earnings (Loss) Allocated to Participating Securities | -0- | -0- | ||||||||||
Undistributed Earnings (Loss) Allocated to Common Share Owners | (269) | (692) | (961) | 23 | 57 | 80 | ||||||
Net Income Available to Common Share Owners | $ 207 | $ 669 | $ 876 | $ 508 | $ 1,394 | $ 1,902 | ||||||
Average Diluted Common Shares Outstanding |
10,566 | 27,220 | 37,786 | 10,770 | 26,744 | 37,514 | ||||||
Diluted Earnings Per Share |
$ 0.02 | $ 0.02 | $ 0.05 | $ 0.05 | ||||||||
Reconciliation of Basic and Diluted EPS Calculations: | ||||||||||||
Net Income Used for Basic EPS Calculation | $ 206 | $ 670 | $ 876 | $ 506 | $ 1,396 | $ 1,902 | ||||||
Assumed Dividends Payable on Dilutive Shares: | ||||||||||||
Performance shares | 3 | -0- | 3 | 2 | -0- | 2 | ||||||
Increase (Reduction) of Undistributed Earnings (Loss) - allocated | ||||||||||||
based on Class A and Class B shares | (2) | (1) | (3) | -0- | (2) | (2) | ||||||
Net Income Used for Diluted EPS Calculation | $ 207 | $ 669 | $ 876 | $ 508 | $ 1,394 | $ 1,902 | ||||||
Average Shares Outstanding for Basic EPS Calculation |
10,510 | 27,219 | 37,729 | 10,631 | 26,708 | 37,339 | ||||||
Dilutive Effect of Average Outstanding: | ||||||||||||
Performance shares | 56 | 1 | 57 | 46 | 3 | 49 | ||||||
Restricted share units | -0- | -0- | -0- | 93 | 33 | 126 | ||||||
Average Shares Outstanding for Diluted EPS Calculation | 10,566 | 27,220 | 37,786 | 10,770 | 26,744 | 37,514 | ||||||
Included in dividends declared for the basic and diluted earnings per share computation for the three months ended December 31, 2009 are dividends computed and accrued on unvested Class A and Class B restricted share units, which were paid by a conversion to the equivalent value of common shares on the vesting date. Restricted share units held by retirement-age participants at December 31, 2009 had a nonforfeitable right to dividends and were deducted from the above dividends and undistributed earnings figures allocable to common Share Owners. There were no restricted share units outstanding as of December 31, 2010. | ||||||||||||
All of the 620,000 and 708,000 average outstanding stock options were antidilutive and were excluded from the dilutive calculation for the quarters ended December 31, 2010 and 2009, respectively. |
(Unaudited) |
Six Months Ended December 31, 2010 |
Six Months Ended December 31, 2009 |
||||||||||
(Amounts in Thousands, Except for Per Share Data) | Class A | Class B | Total | Class A | Class B | Total | ||||||
Basic Earnings Per Share: | ||||||||||||
Dividends Declared | $ 950 | $ 2,717 | $ 3,667 | $ 979 | $ 2,664 | $ 3,643 | ||||||
Less: Unvested Participating Dividends | -0- | -0- | -0- | (9) | -0- | (9) | ||||||
Dividends to Common Share Owners | 950 | 2,717 | 3,667 | 970 | 2,664 | 3,634 | ||||||
Undistributed Earnings (Loss) | (2,335) | 37 | ||||||||||
Less: Earnings (Loss) Allocated to Participating Securities | -0- | -0- | ||||||||||
Undistributed Earnings (Loss) Allocated to Common Share Owners | (653) | (1,682) | (2,335) | 11 | 26 | 37 | ||||||
Net Income Available to Common Share Owners | $ 297 | $ 1,035 | $ 1,332 | $ 981 | $ 2,690 | $ 3,671 | ||||||
Average Basic Common Shares Outstanding | 10,543 | 27,162 | 37,705 | 10,681 | 26,645 | 37,326 | ||||||
Basic Earnings Per Share | $ 0.03 | $ 0.04 | $ 0.09 | $ 0.10 | ||||||||
Diluted Earnings Per Share: | ||||||||||||
Dividends Declared and Assumed Dividends on Dilutive Shares | $ 960 | $ 2,717 | $ 3,677 | $ 986 | $ 2,664 | $ 3,650 | ||||||
Less: Unvested Participating Dividends | -0- | -0- | -0- | (9) | -0- | (9) | ||||||
Dividends and Assumed Dividends to Common Share Owners | 960 | 2,717 | 3,677 | 977 | 2,664 | 3,641 | ||||||
Undistributed Earnings (Loss) | (2,345) | 30 | ||||||||||
Less: Earnings (Loss) Allocated to Participating Securities | -0- | -0- | ||||||||||
Undistributed Earnings (Loss) Allocated to Common Share Owners |
(661) | (1,684) | (2,345) | 9 | 21 | 30 | ||||||
Net Income Available to Common Share Owners | $ 299 | $ 1,033 | $ 1,332 | $ 986 | $ 2,685 | $ 3,671 | ||||||
Average Diluted Common Shares Outstanding | 10,653 | 27,163 | 37,816 | 10,847 | 26,680 | 37,527 | ||||||
Diluted Earnings Per Share | $ 0.03 | $ 0.04 | $ 0.09 | $ 0.10 | ||||||||
Reconciliation of Basic and Diluted EPS Calculations: | ||||||||||||
Net Income Used for Basic EPS Calculation | $ 297 | $ 1,035 | $ 1,332 | $ 981 | $ 2,690 | $ 3,671 | ||||||
Assumed Dividends Payable on Dilutive Shares: | ||||||||||||
Performance shares | 10 | -0- | 10 | 7 | -0- | 7 | ||||||
Increase (Reduction) of Undistributed Earnings (Loss) - allocated based on Class A and Class B shares |
(8) | (2) | (10) | (2) | (5) | (7) | ||||||
Net Income Used for Diluted EPS Calculation | $ 299 | $ 1,033 | $ 1,332 | $ 986 | $ 2,685 | $ 3,671 | ||||||
Average Shares Outstanding for Basic EPS Calculation |
10,543 | 27,162 | 37,705 | 10,681 | 26,645 | 37,326 | ||||||
Dilutive Effect of Average Outstanding: | ||||||||||||
Performance shares | 110 | 1 | 111 | 79 | 2 | 81 | ||||||
Restricted share units | -0- | -0- | -0- | 87 | 33 | 120 | ||||||
Average Shares Outstanding for Diluted EPS Calculation | 10,653 | 27,163 | 37,816 | 10,847 | 26,680 | 37,527 | ||||||
Included in dividends declared for the basic and diluted earnings per share computation for the six months ended December 31, 2009 are dividends computed and accrued on unvested Class A and Class B restricted share units, which were paid by a conversion to the equivalent value of common shares on the vesting date. Restricted share units held by retirement-age participants at December 31, 2009 had a nonforfeitable right to dividends and were deducted from the above dividends and undistributed earnings figures allocable to common Share Owners. There were no restricted share units outstanding as of December 31, 2010. | ||||||||||||
All of the 629,000 and 721,000 average stock options outstanding were antidilutive and were excluded from the dilutive calculation for the six months ended December 31, 2010 and 2009, respectively. |
KIMBALL INTERNATIONAL INC Reports
- 08/30/2010 - 10-K
- 08/29/2011 - 10-K
- 08/27/2014 - 10-K
- 08/26/2015 - 10-K
- 08/30/2016 - 10-K
- 08/29/2017 - 10-K
- 08/28/2018 - 10-K
- 08/28/2020 - 10-K
- 08/31/2021 - 10-K
- 11/05/2009 - 10-Q
- 02/05/2010 - 10-Q
- 05/06/2010 - 10-Q
- 11/05/2010 - 10-Q
- 02/04/2011 - 10-Q
- 05/05/2011 - 10-Q
- 11/01/2011 - 10-Q
- 11/07/2014 - 10-Q
- 02/04/2015 - 10-Q
- 05/06/2015 - 10-Q
- 11/04/2015 - 10-Q
- 02/03/2016 - 10-Q
- 05/04/2016 - 10-Q
- 11/02/2016 - 10-Q
- 02/02/2017 - 10-Q
- 05/04/2017 - 10-Q
- 11/02/2017 - 10-Q
- 02/01/2018 - 10-Q
- 05/02/2018 - 10-Q
- 11/06/2018 - 10-Q
- 02/05/2020 - 10-Q
- 05/11/2020 - 10-Q
- 11/05/2020 - 10-Q
- 02/08/2021 - 10-Q
- 05/05/2021 - 10-Q