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Previous: COUNTRYWIDE CREDIT INDUSTRIES INC, 10-Q, EX-10.28, 2000-10-16 |
Next: COUNTRYWIDE CREDIT INDUSTRIES INC, 10-Q, EX-12.1, 2000-10-16 |
Exhibit 11.1
COUNTRYWIDE CREDIT INDUSTRIES, INC.
STATEMENT REGARDING COMPUTATION OF PER SHARE EARNINGS
<TABLE>
<S> <C> <C>
Six Months
Ended August 31,
2000 1999
----------------- -- ----------------
(Amounts in thousands,
except per share data)
Basic
Net earnings applicable to common stock $174,494 $209,882
================ =================
Average shares outstanding 114,047 112,871
================ =================
Per share amount $1.53 $1.86
================ =================
Diluted
Net earnings applicable to common stock $174,494 $209,882
================ =================
Average shares outstanding 114,047 112,871
Net effect of dilutive stock options --
based on the treasury stock method using
the average market price. 3,180 4,568
---------------- -----------------
Total average shares 117,227 117,439
================ =================
Per share amount $1.49 $1.79
================ =================
</TABLE>
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