KIMBALL INTERNATIONAL, INC. AND SUBSIDIARIES
COMPUTATION OF EARNINGS PER SHARE
THREE MONTHS ENDED MARCH 31, 2000
(UNAUDITED)
(Amounts in Thousands, Except Per Share Data)
Available Average Earnings Per Share
Income Shares Class A Class B
--------- ----------- ------- --------
Net income, three months ended 03/31/2000 . . . $ 11,551
Distributed earnings:
Class A dividends declared . . . . . . . . . (2,215) $ .155
Class B dividends declared . . . . . . . . . (4,171) $ .160
Undistributed basic earnings . . . . . . . . . $ 5,165 40,416 $ .128 $ .128
Basic Earnings Per Share . . . . . . . . . . . $ .283 $ .288
Basic Earnings Per Share (rounded) . . . . . . $ .28 $ .29
Dilutive effect of stock options . . . . . . . (10) 60
Undistributed diluted earnings . . . . . . . . $ 5,155 40,476 $ .127 $ .127
Diluted Earnings Per Share . . . . . . . . . . $ .282 $ .287
Diluted Earnings Per Share (rounded) . . . . . $ .28 $ .29
1,459,000 of the 2,056,000 average outstanding stock options were antidilutive, and were excluded from the
dilutive computation for this period.
KIMBALL INTERNATIONAL, INC. AND SUBSIDIARIES
COMPUTATION OF EARNINGS PER SHARE
THREE MONTHS ENDED MARCH 31, 1999
(UNAUDITED)
(Amounts in Thousands, Except Per Share Data)
Available Average Earnings Per Share
Income Shares Class A Class B
--------- ----------- ------- --------
Net income, three months ended 03/31/1999. . . $15,189
Distributed earnings:
Class A dividends declared . . . . . . . . . (2,221) $ .155
Class B dividends declared . . . . . . . . . (4,161) $ .160
Undistributed basic earnings . . . . . . . . . $ 8,807 40,536 $ .217 $ .217
Basic Earnings Per Share . . . . . . . . . . . $ .372 $ .377
Basic Earnings Per Share (rounded) . . . . . . $ .37 $ .38
Dilutive effect of stock options . . . . . . . (28) 174
Undistributed diluted earnings . . . . . . . . $ 8,779 40,710 $ .216 $ .216
Diluted Earnings Per Share . . . . . . . . . . $ .371 $ .376
Diluted Earnings Per Share (rounded) . . . . . $ .37 $ .38
1,089,000 of the 1,976,000 average outstanding stock options were antidilutive, and were excluded from the
dilutive computation for this period.
KIMBALL INTERNATIONAL, INC. AND SUBSIDIARIES
COMPUTATION OF EARNINGS PER SHARE
NINE MONTHS ENDED MARCH 31, 2000
(UNAUDITED)
(Amounts in Thousands, Except Per Share Data)
Available Average Earnings Per Share
Income Shares Class A Class B
--------- ----------- ------- --------
Net income, nine months ended 03/31/2000 . . . $35,337
Distributed earnings:
Class A dividends declared . . . . . . . . . (6,650) $ .465
Class B dividends declared . . . . . . . . . (12,528) $ .480
Undistributed basic earnings . . . . . . . . . $16,159 40,389 $ .400 $ .400
Basic Earnings Per Share . . . . . . . . . . . $ .865 $ .880
Basic Earnings Per Share (rounded) . . . . . . $ .87 $ .88
Dilutive effect of stock options . . . . . . . (66) 138
Undistributed diluted earnings . . . . . . . . $16,093 40,527 $ .397 $ .397
Diluted Earnings Per Share . . . . . . . . . . $ .862 $ .877
Diluted Earnings Per Share (rounded) . . . . . $ .86 $ .88
1,374,000 of the 2,042,000 average outstanding stock options were antidilutive, and were excluded from the
dilutive computation for this period.
KIMBALL INTERNATIONAL, INC. AND SUBSIDIARIES
COMPUTATION OF EARNINGS PER SHARE
NINE MONTHS ENDED MARCH 31, 1999
(UNAUDITED)
(Amounts in Thousands, Except Per Share Data)
Available Average Earnings Per Share
Income Shares Class A Class B
--------- ----------- ------- --------
Net income, nine months ended 03/31/1999 . . . $42,687
Distributed earnings:
Class A dividends declared . . . . . . . . . (6,670) $ .465
Class B dividends declared . . . . . . . . . (12,593) $ .480
Undistributed basic earnings . . . . . . . . . $23,424 40,721 $ .575 $ .575
Basic Earnings Per Share . . . . . . . . . . . $1.040 $1.055
Basic Earnings Per Share (rounded) . . . . . . $1.04 $1.06
Dilutive effect of stock options . . . . . . . (111) 231
Undistributed diluted earnings . . . . . . . . $23,313 40,952 $ .569 $ .569
Diluted Earnings Per Share . . . . . . . . . . $1.034 $1.049
Diluted Earnings Per Share (rounded) . . . . . $1.03 $1.05
964,000 of the 1,911,000 average outstanding stock options were antidilutive, and were excluded from the
dilutive computation for this period.
Exhibit(11)