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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, | |||||||||||||||||
2021 | 2020 | ||||||||||||||||
Net income available to stockholders | $ | 585 | $ | 3,984 | |||||||||||||
Less: Distributed and undistributed earnings allocated to non-vested restricted stock | (35) | (199) | |||||||||||||||
Earnings available to common shareholders | $ | 550 | $ | 3,785 | |||||||||||||
Shares Calculation | |||||||||||||||||
Average shares outstanding - Basic Common | 5,113 | 5,149 | |||||||||||||||
Average shares outstanding - Basic Class B Common | 1,921 | 1,926 | |||||||||||||||
Potential Common Stock - Basic Common - relating to non-vested restricted stock | 124 | 127 | |||||||||||||||
Potential Common Stock - Basic Class B Common - relating to non-vested restricted stock | 46 | 52 | |||||||||||||||
Average shares outstanding - Assuming dilution | 7,204 | 7,254 | |||||||||||||||
Net Income Per Share: Basic Common | $ | 0.08 | $ | 0.57 | |||||||||||||
Net Income Per Share: Basic Class B Common | $ | 0.07 | $ | 0.43 | |||||||||||||
Net Income Per Share: Diluted Common | $ | 0.08 | $ | 0.56 | |||||||||||||
Net Income Per Share: Diluted Class B Common | $ | 0.06 | $ | 0.42 |
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