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 Nine Months Ended
September 30, September 30,
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1999 1998 1999 1998
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Weighted average number of common
shares outstanding 11,968,123 11,570,904 11,777,481 11,554,623
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Net income $ 11,116,527 $ 9,235,461 28,837,686 23,269,704
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Basic net income per share $ 0.93 $ 0.80 2.45 2.01
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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 Nine Months Ended
September 30, September 30,
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1999 1998 1999 1998
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Weighted average number of common
shares outstanding 11,968,123 11,570,904 11,777,481 11,554,623
Shares issuable pursuant to employee stock
option plans, less shares assumed
repurchased at the average fair value
during the period 339,690 452,867 436,664 487,960
Shares issuable pursuant to the independent
director stock option plan, less shares
assumed repurchased at the average fair
value during the period 4,096 4,522 3,905 4,773
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Number of shares for computation of diluted
net income per share 12,311,909 12,028,293 12,218,050 12,047,356
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Net income $ 11,116,527 $ 9,235,461 $ 28,837,686 $ 23,269,704
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Diluted net income per share $ 0.90 $ 0.77 $ 2.36 $ 1.93
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