SIMPSON MANUFACTURING CO., INC. AND SUBSIDIARIES
COMPUTATION OF EARNINGS PER COMMON SHARE
(UNAUDITED)
EXHIBIT 11
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Basic Earnings per Share
Three Months Ended Six Months Ended
June 30, June 30,
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1999 1998 1999 1998
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Weighted average number of common
shares outstanding 11,779,256 11,561,786 11,680,581 11,546,329
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Net income $ 10,072,757 $ 8,373,468 17,721,159 14,043,234
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Basic net income per share $ 0.86 $ 0.72 1.52 1.22
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SIMPSON MANUFACTURING CO., INC. AND SUBSIDIARIES
COMPUTATION OF EARNINGS PER COMMON SHARE
(UNAUDITED)
EXHIBIT 11
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DILUTED EARNINGS PER SHARE
Three Months Ended Six Months Ended
June 30, June 30,
---------------------------- ----------------------------
1999 1998 1999 1998
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Weighted average number of common
shares outstanding 11,779,256 11,561,786 11,680,581 11,546,329
Shares issuable pursuant to employee
stock option plans, less shares
assumed repurchased at the average
fair value during the period 441,999 514,046 481,144 508,423
Shares issuable pursuant to the
independent director stock option
plan, less shares assumed repurchased
at the average fair value during
the period 3,974 5,194 3,731 4,985
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Number of shares for computation of
diluted net income per share 12,225,229 12,081,026 12,165,456 12,059,737
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Net income $ 10,072,757 $ 8,373,468 17,721,159 14,043,234
============ ============ ============ ============
Diluted net income per share $ 0.82 $ 0.69 $ 1.46 $ 1.16
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