- Track your favorite companies
- Receive email alerts for new filings
- Personalized dashboard of news and more
- Access all data and search results
Content analysis
?| Positive | ||
| Negative | ||
| Uncertain | ||
| Constraining | ||
| Legalese | ||
| Litigous | ||
| Readability |
8th grade Avg
|
|
Exhibit 11.1
WILLIS LEASE FINANCE CORPORATION
AND SUBSIDIARIES
Computation of Earnings Per Share
(In thousands, except per share data, unaudited)
|
| Three Months ended March 31, |
| ||||
|
| 2005 |
| 2004 |
| ||
|
|
|
|
|
| ||
Basic |
|
|
|
|
| ||
Earnings: |
|
|
|
|
| ||
Net income |
| $ | 566 |
| $ | 969 |
|
|
|
|
|
|
| ||
Shares: |
|
|
|
|
| ||
Average common shares outstanding |
| 9,006 |
| 8,856 |
| ||
|
|
|
|
|
| ||
Basic earnings per common share |
| $ | 0.06 |
| $ | 0.11 |
|
|
|
|
|
|
| ||
Assuming full dilution |
|
|
|
|
| ||
Earnings: |
|
|
|
|
| ||
Net income |
| $ | 566 |
| $ | 969 |
|
|
|
|
|
|
| ||
Shares: |
|
|
|
|
| ||
Average common shares outstanding |
| 9,006 |
| 8,856 |
| ||
Potentially dilutive common shares outstanding |
| 395 |
| 305 |
| ||
Diluted average common shares outstanding |
| 9,401 |
| 9,161 |
| ||
|
|
|
|
|
| ||
Diluted earnings per common share |
| $ | 0.06 |
| $ | 0.11 |
|
Supplemental information:
The difference between average common shares outstanding to calculate basic and assuming full dilution is due to options outstanding under the 1996 Stock Options/Stock Issuance Plan.