|
|
|
|
|
|
|
|
|
|
|
|
|
EXHIBIT 11
----------
CONSTELLATION BRANDS, INC. AND SUBSIDIARIES
COMPUTATION OF EARNINGS PER COMMON SHARE
(in thousands, except per share data)
For the Nine Months Ended November 30,
---------------------------------------
2000 1999
----------------- -----------------
Basic Diluted Basic Diluted
------- ------- ------- -------
Income applicable to common shares $78,965 $78,965 $61,847 $61,847
======= ======= ======= =======
Shares:
Weighted average common shares
outstanding 18,308 18,308 18,023 18,023
Adjustments:
Stock options - 334 - 479
------- ------- ------- -------
Adjusted weighted average common
shares outstanding 18,308 18,642 18,023 18,502
======= ======= ======= =======
Earnings per common share $ 4.31 $ 4.24 $ 3.43 $ 3.34
======= ======= ======= =======
For the Three Months Ended November 30,
---------------------------------------
2000 1999
----------------- -----------------
Basic Diluted Basic Diluted
------- ------- ------- -------
Income applicable to common shares $34,953 $34,953 $29,900 $29,900
======= ======= ======= =======
Shares:
Weighted average common shares
outstanding 18,394 18,394 18,083 18,083
Adjustments:
Stock options - 340 - 568
------- ------- ------- -------
Adjusted weighted average common
shares outstanding 18,394 18,734 18,083 18,651
======= ======= ======= =======
Earnings per common share $ 1.90 $ 1.87 $ 1.65 $ 1.60
======= ======= ======= =======
|
|