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EXHIBIT 11.0
IHOP CORP. AND SUBSIDIARIES
STATEMENT REGARDING COMPUTATION OF PER SHARE EARNINGS
(In thousands, except per share data)
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THREE MONTHS ENDED NINE MONTHS ENDED
SEPTEMBER 30, SEPTEMBER 30,
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2000 1999 2000 1999
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<S> <C> <C> <C> <C>
NET INCOME PER COMMON SHARE - BASIC
Weighted average shares outstanding ................... 20,004 20,068 20,019 19,940
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Net income available to common shareholders ........... $10,079 $ 8,641 $25,602 $23,078
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Net income per share - basic .......................... $ 0.50 $ 0.43 $ 1.28 $ 1.16
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NET INCOME PER COMMON SHARE - DILUTED
Weighted average shares outstanding ................... 20,004 20,068 20,019 19,940
Net effect of dilutive stock options based on the
treasury stock method using the average market price 264 428 219 424
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Total ............................................. 20,268 20,496 20,238 20,364
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Net income available to common shareholders ........... $10,079 $ 8,641 $25,602 $23,078
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Net income per share - diluted ........................ $ 0.50 $ 0.42 $ 1.27 $ 1.13
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