SIMPSON MANUFACTURING CO., INC. AND SUBSIDIARIES
Computation of Earnings Per Common Share
For the Three Years Ended December 31, 1997, 1996 and 1995
Exhibit 11
Basic Earnings per Share
1997 1996 1995
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Weighted average number of
common shares outstanding 11,471,217 11,422,995 11,316,073
Shares issuable pursuant to
stock bonus plan 3,375 1,950 600
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Number of shares for computation
of basic net income per share 11,474,592 11,424,945 11,316,673
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Net income for computation of
basic net income per share $ 25,985,779 $ 19,720,638 $ 14,121,885
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Basic net income per share $ 2.26 $ 1.73 $ 1.25
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SIMPSON MANUFACTURING CO., INC. AND SUBSIDIARIES
Computation of Earnings Per Common Share
For the Three Years Ended December 31, 1997, 1996 and 1995
Exhibit 11 (continued)
Diluted Earnings per Share
1997 1996 1995
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Weighted average number of
common shares outstanding 11,471,217 11,422,995 11,316,073
Shares issuable pursuant to
employee stock option plans,
less shares assumed repurchased
at the average fair value
during the period 486,337 326,604 142,822
Shares issuable pursuant to the
independent director stock
option plan, less shares assumed
repurchased at the average fair
value during the period 5,021 3,635 1,072
Shares issuable pursuant to
stock bonus plan 3,375 1,950 600
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Number of shares for computation
of diluted net income per share 11,965,950 11,755,184 1,460,567
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Net income for computation of
diluted net income per share $ 25,985,779 $ 19,720,638 $ 14,121,885
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Diluted net income per share $ 2.17 $ 1.68 $ 1.23
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