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EXHIBIT 11 |
THE WASHINGTON POST COMPANY
and Subsidiaries
CALCULATION OF EARNINGS PER SHARE OF COMMON STOCK
(Amounts in thousands except per share data)
Fiscal Year | |||||||||||||
2002 | 2001 | 2000 | |||||||||||
Weighted average shares outstanding | |||||||||||||
Class A Common | 1,722 | 1,722 | 1,739 | ||||||||||
Class B Common (excluding shares issuable upon exercise of stock options — accounted for below) | 7,782 | 7,764 | 7,706 | ||||||||||
Shares used in computation of basic earnings per share | 9,504 | 9,486 | 9,445 | ||||||||||
Add — Shares assumed issuable upon exercise of stock options | 152 | 118 | 93 | ||||||||||
Deduct — Shares assumed to be purchased for Treasury with proceeds from exercise of stock options | (133 | ) | (104 | ) | (78 | ) | |||||||
Shares used in computation of diluted earnings per common share | 9,523 | 9,500 | 9,460 | ||||||||||
Net income available for common shares | $ | 203,235 | $ | 228,587 | $ | 135,444 | |||||||
Basic earnings per common share | $ | 21.38 | $ | 24.10 | $ | 14.34 | |||||||
Diluted earnings per common share | $ | 21.34 | $ | 24.06 | $ | 14.32 | |||||||