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Previous: GENESEE & WYOMING INC, 10-Q, EX-10.3, 2000-08-11 |
Next: GENESEE & WYOMING INC, 10-Q, EX-27, 2000-08-11 |
<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 Six Months Ended
June 30, 2000 June 30, 2000
------------- -------------
<S> <C> <C>
BASIC EARNINGS PER SHARE CALCULATION:
Net Income $2,278 $6,690
Weighted average number of shares
of common stock 4,330 4,329
Earnings per share - basic $ .53 $ 1.55
DILUTED EARNINGS PER SHARE CALCULATION:
Net Income $2,278 $6,690
Weighted average number of shares of common stock
and common stock equivalents outstanding:
Weighted average number of shares
of common stock 4,330 4,329
Common stock equivalents issuable under stock
option plans
160 128
Weighted average number of shares of common stock
and common stock equivalents - diluted 4,490 4,457
Earnings per share - diluted $ 0.51 $1.50
</TABLE>
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