1
EXHIBIT 11
CABOT CORPORATION AND CONSOLIDATED SUBSIDIARIES
STATEMENT REGARDING COMPUTATION OF PER SHARE EARNINGS
For the three month period ended June 30, 1995
(In thousands, except per share amounts)
Primary Fully Diluted
------- ------------
Shares of common stock outstanding at April 1, 1995,
less treasury stock 38,139 38,139
Plus net weighted shares of treasury stock purchased (34) (34)
Plus common stock equivalents:
Effect of convertible preferred stock conversion - 3,079
Effect of equity incentive awards 885 1,004
--------- ---------
Weighted average shares outstanding 38,990 42,188
========= =========
Income applicable to common shares $ 46,139 $ 46,139
Dividends on preferred stock - 886
Preferred stock conversion compensation shortfall - (599)
--------- ---------
Earnings applicable to common shares $ 46,139 $ 46,426
========= =========
Earnings per common share $ 1.18 $ 1.10
========= =========
2
EXHIBIT 11
CABOT CORPORATION AND CONSOLIDATED SUBSIDIARIES
STATEMENT REGARDING COMPUTATION OF PER SHARE EARNINGS
For the nine month period ended June 30, 1995
(In thousands, except per share amounts)
Primary Fully Diluted
------- -------------
Shares of common stock outstanding at October 1, 1994,
less treasury stock 37,991 37,991
Plus net weighted shares of treasury stock issued 81 81
Plus common stock equivalents:
Effect of convertible preferred stock conversion - 3,079
Effect of equity incentive awards 767 1,004
---------- ----------
Weighted average shares outstanding 38,839 42,155
========== ==========
Income applicable to common shares $ 124,647 $ 124,647
Dividends on preferred stock - 2,665
Preferred stock conversion compensation shortfall - (1,796)
---------- ----------
Earnings applicable to common shares $ 124,647 $ 125,516
========== ==========
Earnings per common share $ 3.21 $ 2.98
========== ==========