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Flagstar Bancorp, Inc.
Computation of Net Earnings per Share
Net earnings per share — basic and Net earnings per share — diluted are computed by dividing this amount by the weighted average number of common stock and common stock equivalents outstanding during the period, respectively.
For the quarter | ||||||||
Ended March 31, | ||||||||
2001 | 2000 | |||||||
Net Earnings | $ | 11,018 | $ | 3,767 | ||||
Average common shares outstanding | 12,009 | 12,686 | ||||||
Net earnings per share – basic | $ | 0.92 | $ | 0.30 | ||||
Average common share equivalents outstanding | 12,992 | 12,733 | ||||||
Net earnings per share – diluted | $ | 0.85 | $ | 0.30 |