1 EXHIBIT 11 CHURCH & DWIGHT CO., INC. AND SUBSIDIARIES EXHIBIT 11 - COMPUTATION OF EARNINGS PER SHARE (In thousands except per share amounts) 1997 1996 1995 ------------------------------ BASIC: Net Income $24,506 $21,228 $10,152 Weighted average shares outstanding 19,461 19,534 19,567 Basic earnings per share $ 1.26 $ 1.09 $ .52 DILUTED: Net Income $24,506 $21,228 $10,152 Weighted average shares outstanding 19,461 19,534 19,567 Incremental shares under stock option plans 510 163 161 ------------------------------ Adjusted weighted average shares outstanding 19,971 19,697 19,728 ------------------------------ Diluted earnings per share $ 1.23 $ 1.08 $ .51