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 26, 2004 | September 28, 2003 | September 26, 2004 | September 28, 2003 | |||||||||
Number of shares of Class A and Class B common stock outstanding at beginning of period | 9,563 | 9,527 | 9,542 | 9,511 | ||||||||
Issuance of shares of Class B common stock (weighted), net of forfeiture of restricted stock awards | 5 | 5 | 18 | 17 | ||||||||
Shares used in the computation of basic earnings per common share | 9,568 | 9,532 | 9,560 | 9,528 | ||||||||
Adjustment to reflect dilution from common stock equivalents | 30 | 24 | 31 | 26 | ||||||||
Shares used in the computation of diluted earnings per common share | 9,598 | 9,556 | 9,591 | 9,554 | ||||||||
Net income available for common shares | $ | 82,227 | $ | 19,647 | $ | 225,810 | $ | 152,582 | ||||
Basic earnings per common share | $ | 8.59 | $ | 2.06 | $ | 23.62 | $ | 16.01 | ||||
Diluted earnings per common share | $ | 8.57 | $ | 2.06 | $ | 23.54 | $ | 15.97 | ||||