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 27, 2004 | June 29, 2003 | June 27, 2004 | June 29, 2003 | |||||||||
Number of shares of Class A and Class B common stock outstanding at beginning of period | 9,550 | 9,526 | 9,542 | 9,511 | ||||||||
Issuance of shares of Class B common stock (weighted), net of forfeiture of restricted stock awards | 13 | 1 | 15 | 16 | ||||||||
Shares used in the computation of basic earnings per common share | 9,563 | 9,527 | 9,557 | 9,527 | ||||||||
Adjustment to reflect dilution from common stock equivalents | 33 | 28 | 31 | 27 | ||||||||
Shares used in the computation of diluted earnings per common share | 9,596 | 9,555 | 9,588 | 9,554 | ||||||||
Net income available for common shares | $ | 84,659 | $ | 60,390 | $ | 143,583 | $ | 132,935 | ||||
Basic earnings per common share | $ | 8.85 | $ | 6.34 | $ | 15.02 | $ | 13.95 | ||||
Diluted earnings per common share | $ | 8.82 | $ | 6.32 | $ | 14.98 | $ | 13.91 | ||||