Exhibit 11.1
ALLTRISTA CORPORATION AND SUBSIDIARIES
STATEMENT RE: COMPUTATION OF EARNINGS PER SHARE
(Thousands of dollars except share data)
Three month period ended Six month period ended
June 29, June 30, June 29, June 30,
1997 1996 1997 1996
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Primary Earnings Per Share
Income from continuing operations $ 6,812 $ 5,904 $ 8,245 $ 8,994
Discontinued operations - (267) - -
----------- --------- ---------- ----------
Net income $ 6,812 $ 5,637 $ 8,245 $ 8,994
=========== ========= ========== ==========
Weighted average number of common shares
outstanding (000s) 7,364 7,876 7,418 7,872
Additional shares assuming conversion of stock options 142 188 142 181
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Weighted average number of common and
equivalent shares 7,506 8,064 7,560 8,053
=========== ========= ========== ==========
Primary earnings per common share:
Continuing operations $ .91 $ .73 $ 1.09 $ 1.12
Discontinued operation - (.03) - -
----------- --------- ---------- ----------
Net income $ .91 $ .70 $ 1.09 $ 1.12
=========== ========= ========== ==========
Fully Diluted Earnings Per Share
Income from continuing operations $ 6,812 $ 5,904 $ 8,245 $ 8,994
Discontinued operation - (267) - -
----------- --------- ---------- ----------
Net income $ 6,812 $ 5,637 $ 8,245 $ 8,994
=========== ========= ========== ==========
Weighted average number of common shares
outstanding (000s) 7,364 7,876 7,418 7,872
Additional shares assuming conversion of stock options 182 202 162 214
----------- --------- ---------- ----------
Weighted average number of common and
equivalent shares 7,546 8,078 7,580 8,086
=========== ========= ========== ==========
Fully diluted earnings per common share:
Continuing operations $ .90 $ .73 $ 1.09 $ 1.11
Discontinued operation - (.03) - -
----------- --------- ---------- ----------
Net income $ .90 $ .70 $ 1.09 $ 1.11
=========== ========= ========== ==========
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