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Previous: CANANDAIGUA BRANDS INC, 10-Q, 2000-07-14 |
Next: CANANDAIGUA BRANDS INC, 10-Q, EX-27, 2000-07-14 |
EXHIBIT 11
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CANANDAIGUA BRANDS, INC. AND SUBSIDIARIES
COMPUTATION OF EARNINGS PER COMMON SHARE
(in thousands, except per share data)
For the Three Months Ended May 31,
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2000 1999
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Basic Diluted Basic Diluted
------- ------- ------- -------
Income applicable to common shares $17,902 $17,902 $10,846 $10,846
======= ======= ======= =======
Shares:
Weighted average common shares
outstanding 18,230 18,230 17,977 17,977
Adjustments:
Stock options - 368 - 470
------- ------- ------- -------
Adjusted weighted average common
shares outstanding 18,230 19,598 17,977 18,447
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Earnings per common share $ 0.98 $ 0.96 $ 0.60 $ 0.59
======= ======= ======= =======
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