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EXHIBIT 11
CABOT CORPORATION AND CONSOLIDATED SUBSIDIARIES
STATEMENT REGARDING COMPUTATION OF PER SHARE EARNINGS
For the three month period ended June 30, 1996
(In thousands, except per share amounts)
Primary Fully Diluted
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Shares of common stock outstanding at April 1, 1996,
less treasury stock 71,436 71,436
Plus net weighted shares of treasury stock issued 120 120
Plus common stock equivalents:
Effect of convertible preferred stock conversion 6,098
Effect of equity incentive awards 1,154 1,154
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Weighted average shares outstanding 72,710 78,808
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Income applicable to common shares $35,035 $35,035
Dividends on preferred stock 715
Preferred stock conversion compensation shortfall (514)
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Earnings applicable to common shares $35,035 $35,236
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Earnings per common share $ 0.48 $ 0.45
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EXHIBIT 11
CABOT CORPORATION AND CONSOLIDATED SUBSIDIARIES
STATEMENT REGARDING COMPUTATION OF PER SHARE EARNINGS
For the nine month period ended June 30, 1996
(In thousands, except per share amounts)
Primary Fully Diluted
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Shares of common stock outstanding at October 1, 1995
less treasury stock 74,764 74,764
Plus net weighted shares of treasury stock purchased (2,528) (2,528)
Plus common stock equivalents:
Effect of convertible preferred stock conversion 6,098
Effect of equity incentive awards 1,147 1,147
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Weighted average shares outstanding 73,383 79,481
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Income applicable to common shares $119,537 $119,537
Dividends on preferred stock 2,479
Preferred stock conversion compensation shortfall (1,547)
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Earnings applicable to common shares $119,537 $120,469
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Earnings per common share $ 1.63 $ 1.52
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