Simpson Manufacturing Co., Inc. and Subsidiaries
Computation of Earnings Per Common Share
(Unaudited)
Exhibit 11
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Primary Earnings per Share
Three Months Ended
March 31,
1996 1995
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Weighted average number of common
shares outstanding 11,390,002 11,275,196
Shares issuable pursuant to employee stock
option plans, less shares assumed
repurchased at the average fair value
during the period 228,992 113,933
Shares issuable pursuant to the independent
director stock option plan, less shares assumed
repurchased at the average fair value
during the period 2,435 130
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Number of shares for computation of primary
net income per share 11,621,429 11,389,259
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Net income $ 3,262,504 $ 2,409,417
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Primary net income per share $ 0.28 $ 0.21
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Simpson Manufacturing Co., Inc. and Subsidiaries
Computation of Earnings Per Common Share
(Unaudited)
Exhibit 11
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Fully Diluted Earnings per Share
Three Months Ended
March 31,
1996 1995
------------ ------------
Weighted average number of common
shares outstanding 11,390,002 11,275,196
Shares issuable pursuant to employee stock
option plans, less shares assumed
repurchased at the end of period fair value 276,020 110,716
Shares issuable pursuant to the independent
director stock option plan, less shares assumed
repurchased at the end of period fair value 2,921 -
------------ ------------
Number of shares for computation of fully diluted
net income per share 11,668,943 11,385,912
============ ============
Net income $ 3,262,504 $ 2,409,417
============ ============
Fully diluted net income per share $ 0.28 $ 0.21
============ ============