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EXHIBIT 11
AMR CORPORATION
COMPUTATION OF EARNINGS PER SHARE
(In millions, except per share amounts)
Three Months Ended Six Months Ended
June 30, June 30,
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1996 1995 1996 1995
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PRIMARY:
Earnings applicable to common shares $ 293 $ 178 $ 450 $ 215
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Average shares outstanding 86 76 81 76
Add shares issued upon assumed
conversion of dilutive options, stock
appreciation rights and warrants and
shares assumed issued for deferred
stock granted 3 3 4 3
Less assumed treasury shares purchased (2) (2) (2) (2)
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Total primary shares 87 77 83 77
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Primary earnings per share $3.35 $2.31 $5.44 $2.79
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FULLY DILUTED:
Earnings applicable to common shares 293 178 450 215
Adjustments:
Add interest upon assumed conversion
of 6.125% convertible subordinated
debentures, net of tax 3 (a) 10 14 (a) 21
Add dividends upon assumed
conversion of convertible preferred
stock - 1 1 (a) 2
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Earnings, as adjusted $ 296 $ 189 $ 465 $ 238
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Average shares outstanding 86 76 81 76
Add shares issued upon:
Assumed conversion of 6.125%
convertible subordinated debentures 4 13 8 13
Assumed conversion of preferred stock 1 1 1 1
Assumed conversion of dilutive options,
stock appreciation rights and warrants
and shares assumed issued for
deferred stock granted 3 3 4 3
Less assumed treasury shares purchased (2) (2) (2) (2)
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Total fully diluted shares 92 91 92 91
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Fully diluted earnings per share $3.20 $2.08 $5.04 $2.62
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(a) Through date of actual conversion.
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