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AIRGAS, INC.
EARNINGS PER SHARE CALCULATIONS
| Three Months Ended September 30, | Six Months Ended September 30, | ||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
(In thousands, except per share amounts) | ||||||||||||||
2002 | 2001 | 2002 | 2001 | |||||||||||
Weighted Average Shares Outstanding: | ||||||||||||||
Basic shares outstanding | 70,400 | 67,900 | 70,100 | 67,600 | ||||||||||
Stock options and warrants—incremental shares | 1,500 | 1,600 | 1,900 | 1,300 | ||||||||||
Diluted shares outstanding | 71,900 | 69,500 | 72,000 | 68,900 | ||||||||||
Net earnings (loss) | $ | 19,200 | $ | 14,553 | $ | 33,244 | $ | (30,996 | ) | |||||
Basic earnings per share | $ | ..27 | $ | ..21 | $ | ..47 | $ | (.46 | ) | |||||
Diluted earnings per share | $ | ..27 | $ | ..21 | $ | ..46 | $ | (.45 | ) | |||||