CTB International Corp. and Subsidiaries
Diluted Net Income Per Common and Common Equivalent Share
Three and Six Months Ended June 30, 2000 and 1999
(In thousands, except per share amounts)
(Unaudited)
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Three Months Ended Six Months Ended
June 30, June 30,
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ACTUAL 2000 1999 2000 1999
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<S> <C> <C> <C> <C>
Net Income $ 4,406 $ 3,802 $ 6,654 $ 4,131
Average number of common
shares outstanding 10,970 12,022 11,117 12,064
Common equivalent shares
stock Options 212 255 213 239
Total average common and common
equivalent shares outstanding 11,182 12,277 11,330 12,303
Net income per common and common
equivalent share $ 0.39 $ 0.31 $ 0.59 $ 0.34
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