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campaign, Classification, created, exit, February, initially, landlord, Leasehold, lessee, method, noncurrent, notion, November, relevant, spent, statement
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amendment, attributed, branded, continued, extend, provision, traditional, unchanged
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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 January 31, | For the Six Months Ended January 31, | ||||||||||||
2016 | 2015 | 2016 | 2015 | ||||||||||
Net income available to stockholders | $ | 3,821 | $ | 2,797 | $ | 9,244 | $ | 4,917 | |||||
Less: Distributed and undistributed earnings allocated to non-vested restricted stock | (90 | ) | (40 | ) | (185 | ) | (72 | ) | |||||
Earnings available to common shareholders | $ | 3,731 | $ | 2,757 | $ | 9,059 | $ | 4,845 | |||||
Shares Calculation | |||||||||||||
Average shares outstanding - Basic Common | 4,982 | 4,953 | 4,978 | 4,951 | |||||||||
Average shares outstanding - Basic Class B Common | 2,055 | 2,022 | 2,046 | 2,016 | |||||||||
Potential Common Stock relating to stock options and non-vested restricted stock | 59 | 55 | 50 | 56 | |||||||||
Average shares outstanding - Assuming dilution | 7,096 | 7,030 | 7,074 | 7,023 | |||||||||
Net Income Per Share: Basic Common | $ | 0.57 | $ | 0.43 | $ | 1.39 | $ | 0.75 | |||||
Net Income Per Share: Basic Class B Common | $ | 0.43 | $ | 0.32 | $ | 1.04 | $ | 0.56 | |||||
Net Income Per Share: Diluted | $ | 0.53 | $ | 0.39 | $ | 1.28 | $ | 0.69 |
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