SIMPSON MANUFACTURING CO., INC. AND SUBSIDIARIES
Computation of Earnings Per Common Share
For the Three Years Ended December 31, 1998, 1997 and 1996
Exhibit 11
Basic Earnings per Share
1998 1997 1996
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Weighted average number of
common shares outstanding 11,556,629 11,471,217 11,422,995
Shares issuable pursuant to
stock bonus plan 3,825 3,375 1,950
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Number of shares for computation
of basic net income per share 11,560,454 11,474,592 11,424,945
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Net income for computation of
basic net income per share $ 31,141,523 $ 25,985,779 $ 19,720,638
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Basic net income per share $ 2.69 $ 2.26 $ 1.73
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SIMPSON MANUFACTURING CO., INC. AND SUBSIDIARIES
Computation of Earnings Per Common Share
For the Three Years Ended December 31, 1998, 1997 and 1996
Exhibit 11 (continued)
Diluted Earnings per Share
1998 1997 1996
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Weighted average number of
common shares outstanding 11,556,629 11,471,217 11,422,995
Shares issuable pursuant to
employee stock option plans,
less shares assumed repurchased
at the average fair value
during the period 483,361 486,337 326,604
Shares issuable pursuant to the
independent director stock
option plan, less shares assumed
repurchased at the average fair
value during the period 4,382 5,021 3,635
Shares issuable pursuant to
stock bonus plan 3,825 3,375 1,950
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Number of shares for computation
of diluted net income per share 12,048,197 11,965,950 11,755,184
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Net income for computation of
diluted net income per share $ 31,141,523 $ 25,985,779 $ 19,720,638
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Diluted net income per share $ 2.58 $ 2.17 $ 1.68
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