Exhibit 11.1
ALLTRISTA CORPORATION
STATEMENT RE: COMPUTATION OF EARNINGS PER SHARE
(Thousands of dollars except share data)
Three month period ended Six month period ended
June 30, July 2, June 30, July 2,
1996 1995 1996 1995
---------- --------- -------- -------
Primary Earnings Per Share
Income from continuing operations $ 5,904 $ 5,047 $ 8,994 $ 7,452
Discontinued operation (267) 524 - 971
---------- --------- ---------- ----------
Net income $ 5,637 $ 5,571 $ 8,994 $ 8,423
========== ========= ========== ==========
Weighted average number of common
shares outstanding (000s) 7,876 7,800 7,872 7,770
Additional shares assuming
conversion of stock options 188 213 181 219
---------- --------- ---------- ----------
Weighted average number of common
and equivalent shares 8,064 8,013 8,053 7,989
=========== ========= ========== ==========
Primary earnings per common share:
Income from continuing operations $ .73 $ .63 $ 1.12 $ .93
Discontinued operation (.03) .06 - .12
----------- --------- ---------- ----------
Net income $ .70 $ .69 $ 1.12 $ 1.05
=========== ========= ========== ==========
Fully Diluted Earnings Per Share
Income from continuing operations $ 5,904 $ 5,047 $ 8,994 $ 7,452
Discontinued operation (267) 524 - 971
----------- --------- ---------- ----------
Net income $ 5,637 $ 5,571 $ 8,994 $ 8,423
=========== ========= ========== ==========
Weighted average number of common
shares outstanding (000s) 7,876 7,800 7,872 7,770
Additional shares assuming
conversion of stock options 202 222 214 242
----------- --------- ---------- ----------
Weighted average number of common
and equivalent shares 8,078 8,022 8,086 8,012
=========== ========= ========== ==========
Fully diluted earnings per common
share:
Continuing operations $ .73 $ .63 $ 1.11 $ .93
Discontinued operation (.03) .06 - .12
----------- --------- ---------- ----------
Net income $ .70 $ .69 $ 1.11 $ 1.05
=========== ========= ========== ==========
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