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Previous: GENESEE & WYOMING INC, 10-Q, EX-10.2, 2000-11-13 |
Next: GENESEE & WYOMING INC, 10-Q, EX-27, 2000-11-13 |
<PAGE>
Exhibit 11.1
GENESEE & WYOMING INC. AND SUBSIDIARIES
COMPUTATION OF EARNINGS PER COMMON SHARE
(in thousands, except per share amounts)
<TABLE>
<CAPTION>
Three Months Ended Nine months Ended
September 30, 2000 September 30, 2000
------------------ ------------------
<S> <C> <C>
BASIC EARNINGS PER SHARE CALCULATION:
Net Income $3,192 $9,882
Weighted average number of shares
of common stock 4,336 4,331
Earnings per share - basic $ 0.74 $ 2.28
DILUTED EARNINGS PER SHARE CALCULATION:
Net Income $3,192 $9,882
Weighted average number of shares of common stock
and common stock equivalents outstanding:
Weighted average number of shares
of common stock 4,336 4,331
Common stock equivalents issuable under stock
option plans 109 73
Weighted average number of shares of common stock
and common stock equivalents - diluted 4,445 4,404
Earnings per share - diluted $ 0.72 $ 2.24
</TABLE>
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