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Content analysis
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8th grade Avg
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New words:
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Removed:
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Exhibit 11
CALCULATION OF EARNINGS PER SHARE
Gannett Co., Inc. and Subsidiaries
Unaudited, in thousands of dollars (except per share amounts)
| Thirteen weeks ended | ||||||
| Mar. 27, 2005 | Mar. 28, 2004 | |||||
Basic earnings: | ||||||
Net income | $ | 265,737 | $ | 274,408 | ||
Weighted average number of common shares outstanding | 252,115 | 272,321 | ||||
Earnings per share—basic | $ | 1.05 | $ | 1.01 | ||
Diluted earnings: | ||||||
Net income | $ | 265,737 | $ | 274,408 | ||
Weighted average number of common shares outstanding | 252,115 | 272,321 | ||||
Dilutive effect of outstanding stock options and stock incentive rights | 2,155 | 3,186 | ||||
Weighted average number of shares outstanding, as adjusted | 254,270 | 275,507 | ||||
Earnings per share—diluted | $ | 1.05 | $ | 1.00 | ||
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