COUNTRYWIDE CREDIT INDUSTRIES, INC. AND SUBSIDIARIES
EXHIBIT 11.1 - STATEMENT RE: COMPUTATION OF PER SHARE EARNINGS
Year ended February 29 (28),
(Dollar amounts in thousands, except per share data)
2000 1999 1998
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BASIC
Net earnings $410,243 $385,401 $344,983
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Total average shares 113,083 111,414 107,491
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Per share amount $3.63 $3.46 $3.21
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DILUTED
Net earnings $410,243 $385,401 $344,983
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Average shares outstanding 113,083 111,414 107,491
Effect of dilutive stock options 3,605 5,631 4,035
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Total average shares 116,688 117,045 111,526
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Per share amount $3.52 $3.29 $3.09
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