Exhibit – 11
DIODES INCORPORATED AND SUBSIDIARIES
COMPUTATION OF EARNINGS PER SHARE
(Unaudited)
(in thousands, except per share data)
Three Months Ended | Six Months Ended | |||||||||||||||||||||
June 30, | June 30, | |||||||||||||||||||||
2006 | 2007 | 2006 | 2007 | |||||||||||||||||||
BASIC | ||||||||||||||||||||||
Weighted average number of common shares outstanding used in computing basic earnings per share (1) | 38,282 | 39,397 | 38,152 | 39,220 | ||||||||||||||||||
Net income | $ | 11,385 | $ | 12,249 | $ | 20,697 | $ | 25,258 | ||||||||||||||
Earnings per share (1) | $ | 0.30 | $ | 0.31 | $ | 0.54 | $ | 0.64 | ||||||||||||||
DILUTED | ||||||||||||||||||||||
Weighted average number of common shares outstanding used in computing basic earnings per share (1) | 38,282 | 39,397 | 38,152 | 39,220 | ||||||||||||||||||
Add: Assumed exercise of stock options and stock awards (1) | 3,709 | 2,626 | 3,641 | 2,677 | ||||||||||||||||||
41,991 | 42,023 | 41,793 | 41,897 | |||||||||||||||||||
Net income | $ | 11,385 | $ | 12,249 | $ | 20,697 | $ | 25,258 | ||||||||||||||
Earnings per share (1) | $ | 0.27 | $ | 0.29 | $ | 0.50 | $ | 0.60 |
(1) Adjusted for the effect of a 3-for-2 stock split in July 2007