THOUSAND TRAILS INC /DE/
10-Q, EX-11.1, 2000-11-13
HOTELS, ROOMING HOUSES, CAMPS & OTHER LODGING PLACES
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Exhibit 11.1

THOUSAND TRAILS, INC.
STATEMENT RE: COMPUTATION OF PER SHARE EARNINGS
(Dollars and common shares in thousands)

                   
Three Months Ended Three Months Ended
September 30, 2000 September 30, 1999


BASIC:
Weighted average number of common shares outstanding 8,010 7,983


Net income allocable to common shareholders $ 1,470 $ 1,294


Net income per common share — basic $ 0.18 $ 0.16


DILUTED:
Weighted average number of common shares outstanding 8,010 7,983
Weighted average common stock equivalents - Dilutive options 560 639


Weighted average number of common shares outstanding 8,570 8,622


Net income allocable to common shareholders $ 1,470 $ 1,294


Net income per common share — diluted $ 0.17 $ 0.15


 



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