COEUR D'ALENE MINES CORPORATION AND SUBSIDIARIES
EXHIBIT 11
STATEMENT REGARDING COMPUTATION OF PER SHARE EARNINGS
THREE MONTHS ENDED
SEPTEMBER 30
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1995 1994
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Primary Earnings Per Share:
Average shares outstanding 15,598,784 15,354,627
Net effect of dilutive stock
options-based on the treasury
stock method using average
market price 14,095 48,719
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15,612,879 15,403,346
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Income from continuing operations $ 2,038,998 $ 1,424,287
Income from discontinued operations 218,607
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Net Income $ 2,038,998 $ 1,642,894
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Per share amounts:
Earnings from continuing operations $ .13 $ (.10)
Earnings from discontinued operations .01
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Earnings per share $ .13 $ (.09)
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Fully diluted Earnings Per Share:
Average shares outstanding 15,598,784
Net effect of dilutive stock
options-based on the treasury
stock method using average
market price 14,095
Assumed conversion of 6%
convertible bonds 1,955,417
Assumed conversion of 7%
convertible bonds 4,866,126
Assumed conversion of 6 3/8%
convertible bonds 3,880,481
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26,314,903
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Net income $ 2,038,998
Add 6% convertible bond
interest net of federal
income tax effect 514,083
Add 7% convertible bond
interest net of federal
income tax effect 911,310
Add 6 3/8% convertible bond
interest net of federal
income tax effect 1,104,075
Less adjustment for capitalized
interest (1,395,407)
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Income from continuing operations 3,173,059
Income from discontinued operations
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Net income $ 3,173,059
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Per share amounts:
Earnings from continuing operations $ .12
Earnings from discontinued operations .00
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Earnings per share $ .12
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