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Previous: CONSTELLATION BRANDS INC, 10-Q, EX-10, 2000-10-13 |
Next: CONSTELLATION BRANDS INC, 10-Q, EX-27, 2000-10-13 |
EXHIBIT 11
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CONSTELLATION BRANDS, INC. AND SUBSIDIARIES
COMPUTATION OF EARNINGS PER COMMON SHARE
(in thousands, except per share data)
For the Six Months Ended August 31,
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2000 1999
----------------- -----------------
Basic Diluted Basic Diluted
------- ------- ------- -------
Income applicable to common shares $44,012 $44,012 $31,947 $31,947
======= ======= ======= =======
Shares:
Weighted average common shares
outstanding 18,265 18,265 17,994 17,994
Adjustments:
Stock options - 356 - 465
------- ------- ------- -------
Adjusted weighted average common
shares outstanding 18,265 18,621 17,994 18,459
======= ======= ======= =======
Earnings per common share $ 2.41 $ 2.36 $ 1.78 $ 1.73
======= ======= ======= =======
For the Three Months Ended August 31,
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2000 1999
----------------- -----------------
Basic Diluted Basic Diluted
------- ------- ------- -------
Income applicable to common shares $26,110 $26,110 $21,101 $21,101
======= ======= ======= =======
Shares:
Weighted average common shares
outstanding 18,300 18,300 18,010 18,010
Adjustments:
Stock options - 364 - 489
------- ------- ------- -------
Adjusted weighted average common
shares outstanding 18,300 18,664 18,010 18,499
======= ======= ======= =======
Earnings per common share $ 1.43 $ 1.40 $ 1.17 $ 1.14
======= ======= ======= =======
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