1
Exhibit 11.01
CARDINAL HEALTH, INC.
COMPUTATION OF PER SHARE EARNINGS
(IN THOUSANDS, EXCEPT PER SHARE AMOUNTS)
Fiscal Quarter Ended Nine Months Ended
------------------------------ -------------------------------
March 31, March 31, March 31, March 31,
1997 1996 1997 1996
-------------- -------------- -------------- --------------
PRIMARY:
Net earnings available for Common Shares $ 36,228 $ 44,691 $ 119,229 $ 106,620
============== ============== ============== ==============
Average shares outstanding 108,194 100,871 106,646 99,869
Dilutive effect of stock options 2,052 1,917 2,065 1,894
-------------- -------------- -------------- --------------
Weighted average number of Common
Shares outstanding 110,246 102,788 108,711 101,763
============== ============== ============== ==============
Primary earnings per Common Share $ 0.33 $ 0.43 $ 1.10 $ 1.05
============== ============== ============== ==============
FULLY DILUTED:
Net earnings available for Common Shares $ 36,228 $ 44,691 $ 119,229 $ 106,620
Convertible note interest, net of tax effect -- 73 -- 270
-------------- -------------- -------------- --------------
Fully diluted net earnings available $ 36,228 $ 44,764 $ 119,229 $ 106,890
============== ============== ============== ==============
Average shares outstanding 108,194 100,871 106,646 99,869
Dilutive effect of stock options 2,053 2,256 2,163 2,077
Assumed conversion of convertible notes -- 725 -- 956
-------------- -------------- -------------- --------------
Weighted average number of Common
Shares outstanding 110,247 103,852 108,809 102,902
============== ============== ============== ==============
Fully diluted earnings per Common Share $ 0.33 $ 0.43 $ 1.10 $ 1.04
============== ============== ============== ==============
Page 14