Attached files
Exhibit 11:
OIL-DRI CORPORATION OF AMERICA AND SUBSIDIARIES
Computation of Earnings Per Share
(in thousands except for per share amounts)
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Three months Ended
January 31,
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Six months Ended
January 31,
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2011
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2010
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2011
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2010
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Net income available to stockholders
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$ | 1,777 | $ | 2,262 | $ | 4,296 | $ | 4,456 | ||||||||
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Less: Distributed and undistributed earnings allocated to nonvested stock
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(29 | ) | (7 | ) | (50 | ) | (16 | ) | ||||||||
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Earnings available to common shareholders
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$ | 1,748 | $ | 2,255 | $ | 4,246 | $ | 4,440 | ||||||||
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Shares Calculation
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Average shares outstanding – Basic Common
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5,079 | 5,206 | 5,082 | 5,200 | ||||||||||||
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Average shares outstanding – Basic Class B Common
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1,908 | 1,890 | 1,902 | 1,885 | ||||||||||||
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Potential Common Stock relating to stock options
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110 | 173 | 128 | 174 | ||||||||||||
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Average shares outstanding – Assuming dilution
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7,097 | 7,269 | 7,112 | 7,259 | ||||||||||||
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Net Income Per Share: Basic Common
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$ | 0.27 | $ | 0.34 | $ | 0.65 | $ | 0.67 | ||||||||
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Net Income Per Share: Basic Class B Common
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$ | 0.20 | $ | 0.26 | $ | 0.49 | $ | 0.50 | ||||||||
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Net Income Per Share: Diluted
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$ | 0.25 | $ | 0.31 | $ | 0.60 | $ | 0.61 | ||||||||
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