Exhibit 11
THE WASHINGTON POST COMPANY
CALCULATION OF EARNINGS PER SHARE OF COMMON STOCK
(In thousands of shares)
Thirteen Weeks Ended | Twenty-six Weeks Ended | |||
June 30, | July 1, | June 30, | July 1, | |
2002 | 2001 | 2002 | 2001 | |
Number of shares of | ||||
Class A and Class B | ||||
common stock outstanding | ||||
at beginning of period | 9,498 | 9,484 | 9,495 | 9,460 |
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Issuance of shares of | ||||
Class B common stock | ||||
(weighted), net of forfeiture | ||||
of restricted stock awards | 5 | 1 | 6 | 22 |
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Shares used in the | ||||
computation of basic | ||||
earnings per common share | 9,503 | 9,485 | 9,501 | 9,482 |
Adjustment to reflect | ||||
dilution from common stock | ||||
equivalents | 18 | 17 | 15 | 18 |
Shares used in the | ||||
computation of diluted | ||||
earnings per common share | 9,521 | 9,502 | 9,516 | 9,500 |
Net income available for | ||||
common shares | $50,885 | $14,229 | $ 61,966 | $212,757 |
Basic earnings per common | ||||
share | $ 5.35 | $ 1.50 | $ 6.52 | $ 22.44 |
Diluted earnings per | ||||
common share | $ 5.34 | $ 1.50 | $ 6.51 | $ 22.39 |