EXHIBIT 11
STANDARD PACIFIC CORP. AND SUBSIDIARIES
EARNINGS PER SHARE CALCULATIONS
FOR THE SIX MONTH AND THREE MONTH PERIODS ENDED JUNE 30, 1997 AND 1996
Six Months Ended Three Months Ended
June 30, June 30,
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1997 1996 1997 1996
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Primary Earnings Per Common and Equivalent Share:
Income from continuing operations $ 8,076,000 $ 2,769,000 $ 4,774,000 $ 2,198,000
Income (loss) from discontinued operations 108,000 15,000 (107,000) 13,000
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Net income $ 8,184,000 $ 2,784,000 $ 4,667,000 $ 2,211,000
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Common and equivalent shares:
Average shares outstanding 29,459,810 30,060,281 29,397,157 30,060,281
Equivalent shares 227,085 4,953 261,562 9,429
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Total 29,686,895 30,065,234 29,658,719 30,069,710
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Primary Earnings Per Share:
Income from continuing operations $ 0.28 $ 0.09 $ 0.16 $ 0.07
Income (loss) from discontinued operations - - - -
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Primary Earnings Per Share $ 0.28 $ 0.09 $ 0.16 $ 0.07
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Fully Diluted Earnings Per Common and Equivalent Shares:
Common and equivalent shares:
Average shares outstanding 29,459,810 30,060,281 29,397,157 30,060,281
Equivalent shares 346,525 18,448 335,159 24,919
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Total 29,806,335 30,078,729 29,732,316 30,085,200
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Fully Diluted Earnings Per Share:
Income from continuing operations $ 0.27 $ 0.09 $ 0.16 $ 0.07
Income (loss) from discontinued operations - - - -
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Fully Diluted Earnings Per Share $ 0.27 $ 0.09 $ 0.16 $ 0.07
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