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capacity, challenged, Domestic, expansion, implementation, ordering, ordinary, outweighed, petroleum, predictable, slight, Strong, transportation
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Exhibit 11:
OIL-DRI CORPORATION OF AMERICA AND SUBSIDIARIES
Computation of Earnings Per Share
(in thousands, except per share amounts)
For the Three Months Ended October 31, | ||||||
2015 | 2014 | |||||
Net income available to stockholders | $ | 5,423 | $ | 2,120 | ||
Less: Distributed and undistributed earnings allocated to non-vested restricted stock | (113 | ) | (31 | ) | ||
Earnings available to common shareholders | $ | 5,310 | $ | 2,089 | ||
Shares Calculation | ||||||
Average shares outstanding - Basic Common | 4,975 | 4,948 | ||||
Average shares outstanding - Basic Class B Common | 2,037 | 2,009 | ||||
Potential Common Stock relating to stock options and non-vested restricted stock | 51 | 59 | ||||
Average shares outstanding - Assuming dilution | 7,063 | 7,016 | ||||
Net Income Per Share: Basic Common | $ | 0.82 | $ | 0.32 | ||
Net Income Per Share: Basic Class B Common | $ | 0.61 | $ | 0.24 | ||
Net Income Per Share: Diluted | $ | 0.75 | $ | 0.30 |
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