Exhibit 11
THE WASHINGTON POST COMPANY
CALCULATION OF EARNINGS
PER SHARE OF COMMON STOCK
(In thousands of shares)
Thirteen Weeks Ended | Thirty-nine Weeks Ended | |||||||||||
September 28, 2003 | September 29, 2002 | September 28, 2003 | September 29, 2002 | |||||||||
Number of shares of Class A and Class B common stock outstanding at beginning of Period | 9,527 | 9,503 | 9,511 | 9,495 | ||||||||
Issuance of shares of Class B common stock (weighted), net of forfeiture of restricted stock awards | 5 | 3 | 17 | 7 | ||||||||
Shares used in the computation of basic earnings per common share | 9,532 | 9,506 | 9,528 | 9,502 | ||||||||
Adjustment to reflect dilution from common stock Equivalents | 24 | 17 | 26 | 16 | ||||||||
Shares used in the computation of diluted earnings per common share | 9,556 | 9,523 | 9,554 | 9,518 | ||||||||
Net income available for common shares | $ | 19,647 | $ | 47,524 | $ | 152,582 | $ | 109,490 | ||||
Basic earnings per common Share | $ | 2.06 | $ | 5.00 | $ | 16.01 | $ | 11.52 | ||||
Diluted earnings per common share | $ | 2.06 | $ | 4.99 | $ | 15.97 | $ | 11.50 | ||||