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Exhibit 11
INGREDION INCORPORATED (“Ingredion”)
Computation of Net Income
Per Share of Common Stock
(All figures are in thousands except per share |
| Three Months Ended |
| Six Months Ended |
| ||
Average shares outstanding — Basic |
| 77,640 |
| 77,534 |
| ||
|
|
|
|
|
| ||
Effect of dilutive securities: |
|
|
|
|
| ||
Stock options and other |
| 1,299 |
| 1,302 |
| ||
Average shares outstanding — Assuming dilution |
| 78,939 |
| 78,836 |
| ||
|
|
|
|
|
| ||
Net income attributable to Ingredion |
| $ | 95,063 |
| $ | 205,839 |
|
|
|
|
|
|
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Net income per share of Ingredion: |
|
|
|
|
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Basic |
| $ | 1.22 |
| $ | 2.65 |
|
Diluted |
| $ | 1.20 |
| $ | 2.61 |
|