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Content analysis
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New words:
absence, affordable, cover, defective, deposit, description, directly, disaggregation, EARNINGSThree, ed, effecti, energy, expand, fall, forward, impac, indirectly, input, judgment, line, litical, military, modification, nonrecurring, open, plant, po, postretirement, property, reach, reconciliation, reduced, revaluation, roll, sale, SHEETSApril, shipment, stop, subset, SUBSIDIARIESCONSOLIDATED, System, termination, terminology, threshold, unfavorable, ve, Yeso, yielding
Removed:
accounted, acquired, acquirer, applicability, application, assessing, asset, assumed, augmented, combination, complexity, comprised, convey, deconsolidated, delay, delayed, Department, depending, disclose, distinguish, dramatically, encouraged, enhance, enhanced, exist, expected, FAS, favorable, February, FIN, format, framework, FSP, GAAP, hedging, hold, identify, improve, independent, intending, leve, limit, ls, machine, manage, met, noncontrolling, nonfinancial, nongovernmental, noted, November, obtained, October, ownership, parent, participant, performance, pronouncement, purpose, recognized, relevance, relevant, repeated, response, retained, retention, separately, September, shipped, size, sufficient, tabular, transparency, underlying
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Exhibit 11
Computation of Earnings per Share
| (IN THOUSANDS EXCEPT PER SHARE DATA) | ||||||||
| First Quarter | ||||||||
| 2010 | 2009 | |||||||
| Net Earnings (1) | $ | 13,199 | $ | 10,854 | ||||
| Weighted average common shares outstanding (2) | 6,858 | 6,849 | ||||||
| Common share equivalents relating to stock options when dilutive | - | - | ||||||
| Adjusted common and common equivalent | ||||||||
| shares for computation (3) | 6,858 | 6,849 | ||||||
| Net earnings per share: | ||||||||
| Basic (1 divided by 2) | $ | 1.92 | $ | 1.58 | ||||
| Diluted (1 divided by 3) | $ | 1.92 | $ | 1.58 | ||||