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Previous: COUNTRYWIDE CREDIT INDUSTRIES INC, 10-Q, 2001-01-16 |
Next: COUNTRYWIDE CREDIT INDUSTRIES INC, 10-Q, EX-12, 2001-01-16 |
Exhibit 11.1
COUNTRYWIDE CREDIT INDUSTRIES, INC.
STATEMENT REGARDING COMPUTATION OF PER SHARE EARNINGS
<TABLE>
Nine Months
Ended November 30,
2000 1999
----------------- -- ----------------
(Amounts in thousands,
except per share data)
Basic
<S> <C> <C>
Net earnings applicable to common stock $269,907 $310,446
================ =================
Average shares outstanding 114,359 112,992
================ =================
Per share amount $2.36 $2.75
================ =================
Diluted
Net earnings applicable to common stock $269,907 $310,446
================ =================
Average shares outstanding 114,359 112,992
Net effect of dilutive stock options --
based on the treasury stock method using
the average market price. 3,635 4,053
---------------- -----------------
Total average shares 117,994 117,045
================ =================
Per share amount $2.29 $2.65
================ =================
</TABLE>
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