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New words:
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Removed:
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Exhibit 11.1
PartnerRe Ltd.
Computation of Net Income per Common and Common Share Equivalents
For the Three Months Ended March 31, 2006 and 2005
(in thousands of U.S. dollars, except per share amounts)
For the Three Months Ended March 31, 2006 | For the Three Months Ended March 31, 2005 | |||||||||||||||
Income (Numerator) | Shares (Denominator) | Per Share Amount | Income (Numerator) | Shares (Denominator) | Per Share Amount | |||||||||||
Net income | $ | 193,243 | $ | 111,415 | ||||||||||||
Less: preferred dividends | 8,631 | 8,632 | ||||||||||||||
Net income available to common shareholders/Weighted average number of common shares outstanding/Basic net income per share | $ | 184,612 | 56,733.5 | $ | 3.25 | $ | 102,783 | 54,956.6 | $ | 1.87 | ||||||
Effect of dilutive securities: | ||||||||||||||||
Stock options and other | 867.5 | 874.6 | ||||||||||||||
Net income available to common shareholders/Weighted average number of common and common share equivalents outstanding/Diluted net income per share | $ | 184,612 | 57,601.0 | $ | 3.21 | $ | 102,783 | 55,831.2 | $ | 1.84 |