EVEREST RE GROUP, LTD | |||||||||||||
COMPUTATION OF EARNINGS PER SHARE | |||||||||||||
For The Years Ended December 31, 2003, 2002 and 2001 | |||||||||||||
Years Ended December 31, | |||||||||||||
(Dollars in thousands) | 2003 | 2002 | 2001 | ||||||||||
Net Income | $ 426,028 | $ 231,303 | $ 99,018 | ||||||||||
Weighted average common and effect | |||||||||||||
of dilutive shares used in the | |||||||||||||
computation of net income per share: | |||||||||||||
Average shares outstanding | |||||||||||||
- basic | 54,023,493 | 50,325,465 | 46,173,895 | ||||||||||
Effect of dilutive shares: | |||||||||||||
Options outstanding | 887,385 | 807,230 | 914,630 | ||||||||||
Options exercised | 66,481 | 4,916 | 7,251 | ||||||||||
Options cancelled | 6,039 | 1,247 | 17,963 | ||||||||||
Restricted Shares | 27,079 | -- | -- | ||||||||||
Average shares outstanding | |||||||||||||
- diluted | 55,010,477 | 51,138,858 | 47,113,739 | ||||||||||
Net Income per common share: | |||||||||||||
Basic | $ 7.89 | $ 4.60 | $ 2.14 | ||||||||||
Diluted | $ 7.74 | $ 4.52 | $ 2.10 |
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10-K/A Filing
Everest (EG) 10-K/A2003 FY Annual report (amended)
Filed: 19 Mar 04, 12:00am