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EXHIBIT 11.1
Earnings Per Share
CORN PRODUCTS INTERNATIONAL, INC.
Computation of Net Income per Share of Common Stock
(in millions, except per share data)
|
| Year Ended |
| |
Basic |
|
|
| |
Shares outstanding at the start of the period |
| 74.9 |
| |
Weighted average of new shares issued during the period |
| .2 |
| |
Weighted average of treasury shares issued during the period for exercise of stock options and other stock compensation plans |
| .6 |
| |
Weighted average of treasury shares purchased during the period |
| (.1 | ) | |
Average shares outstanding — basic |
| 75.6 |
| |
|
|
|
| |
Effect of Dilutive Securities |
|
|
| |
Average dilutive shares outstanding — assuming dilution |
| 1.2 |
| |
Average shares outstanding — diluted |
| 76.8 |
| |
|
|
|
| |
Net income attributable to CPI |
| $ | 169.2 |
|
|
|
|
| |
Net income per common share of CPI — Basic |
| $ | 2.24 |
|
|
|
|
| |
Net income per common share of CPI — Diluted |
| $ | 2.20 |
|