EXHIBIT 11
ROBERTSON-CECO CORPORATION
COMPUTATION OF BASIC EARNINGS PER COMMON SHARE
----------------------------------------------
(In thousands, except per share data)
(Unaudited)
Three Months Ended Nine Months Ended
September 30 September 30
------------------------ -------------------------
1999 1998 1999 1998
----------- ---------- --------- ---------
BASIC:
Income:
From Continuing Operations ........................... $ 6,752 $ 6,285 $ 15,954 $ 16,312
From Discontinued Operations........................... 8,993 - 8,993 -
---------- ----------- ---------- ---------
Total ................................................ $ 15,745 $ 6,285 $ 24,947 $ 16,312
======== ======== ======== ========
Shares:
Average Number of Common
Shares Outstanding................................... 16,063 16,060 16,063 16,060
========= ======== ======== =========
Earnings Per Share:
From Continuing Operations............................. $ .42 $ .39 $ .99 $ 1.02
From Discontinued Operation............................ .56 - .56 -
------------ ------------ ------------ ------------
Total ................................................ $ .98 $ .39 $ 1.55 $ 1.02
=========== =========== ========== ==========
EXHIBIT 11
ROBERTSON-CECO CORPORATION
COMPUTATION OF DILUTED EARNINGS PER COMMON SHARE
------------------------------------------------
(In thousands, except per share data)
(Unaudited)
Three Months Ended Nine Months Ended
September 30 September 30
------------------------ -------------------------
1999 1998 1999 1998
----------- ---------- --------- --------
DILUTED:
Income:
From Continuing Operations ............................ $ 6,752 $ 6,285 $ 15,954 $ 16,312
From Discontinued Operations........................... 8,993 - 8,993 -
--------- ---------- ---------- ----------
Total ................................................ $ 15,745 $ 6,285 $ 24,947 $ 16,312
========== ========== ========== ==========
Shares:
Average number of common
shares outstanding................................. 16,063 16,060 16,063 16,060
Incremental shares to reflect dilutive
effect of deferred compensation plan............... 24 37 23 37
---------- ---------- ---------- ----------
Total number of common shares
assuming dilution ................................. 16,087 16,097 16,086 16,097
========= ========== =========== ==========
Earnings Per Share:
From Continuing Operations............................. $ .42 $ .39 $ .99 $ 1.02
From Discontinued Operations........................... .56 - .56 -
---------- ---------- ---------- ----------
Total ................................................ $ .98 $ .39 $ 1.55 $ 1.02
========== ========== ========== ==========