1 EXHIBIT 11-19 DTE ENERGY COMPANY BASIC AND DILUTED EARNINGS PER SHARE OF COMMON STOCK Three Months Six Months Ended Ended June 30, 2000 June 30, 2000 ------------------ ----------------- (Thousands, except per share amounts) BASIC: Net income........................................................ $ 108,405 $ 225,266 Weighted average number of common shares outstanding (a).......................................... 142,659 143,583 Earnings per share of common stock based on weighted average number of shares outstanding........................................... $ 0.76 $ 1.57 DILUTED: Net income........................................................ $ 108,405 $ 225,266 Weighted average number of common shares outstanding (a).......................................... 142,659 143,583 Incremental shares from assumed exercise of options...................................................... 42 57 ----------- ----------- 142,701 143,640 =========== =========== Earnings per share of common stock assuming exercise of options.................................... $ 0.76 $ 1.57 - --------------------------------------- (a) Based on a daily average.