EXHIBIT 11
MILACRON INC. AND SUBSIDIARIES
COMPUTATION OF PER SHARE EARNINGS
(UNAUDITED)
(In thousands, except per-share amounts)
Three Months Ended Nine Months Ended
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Sept. 30, Sept. 30, Sept. 30, Sept. 30,
1999 1998 1999 1998
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Net earnings (loss) $ 17,360 $(20,623) $ 47,775 $ 17,873
Less preferred dividends (60) (60) (180) (180)
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Net earnings (loss) available
to common shareholders $ 17,300 $(20,683) $ 47,595 $ 17,693
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Basic earnings per share:
Weighted-average common shares
outstanding 36,727 38,951 36,918 39,102
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Per share amount $ .47 $ (.53) $ 1.29 $ .45
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Diluted earnings per share:
Weighted-average common shares
outstanding 36,727 38,951 36,918 39,102
Dilutive effect of stock
Options and restricted
shares based on the
treasury stock method 267 198 239 430
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Total 36,994 39,149 37,157 39,532
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Per share amount $ .47 $ (.53) $ 1.28 $ .45
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Note: This computation is required by Regulation S-K, Item 601,
and is filed as an exhibit under Item 6 of Form 10-Q.