|
|
|
|
|
|
|
|
|
|
Previous: INTERNATIONAL PAPER CO /NEW/, 10-Q, EX-10.2, 2000-11-13 |
Next: INTERNATIONAL PAPER CO /NEW/, 10-Q, EX-12, 2000-11-13 |
INTERNATIONAL PAPER COMPANY
STATEMENT OF COMPUTATION OF PER SHARE EARNINGS
(Unaudited)
(In millions, except per share amounts)
<TABLE>
<CAPTION>
Three Months Ended Nine Months Ended
September 30, September 30,
--------------------- ---------------------
2000 1999 2000 1999
------- ------- ------- -------
<S> <C> <C> <C> <C>
Earnings before extraordinary items $ 175 $ 145 $ 689 $ 119
Effect of dilutive securities
Preferred securities of subsidiary trust 12
------- ------- ------- -------
Earnings before extraordinary items
- assuming dilution $ 175 $ 145 $ 701 $ 119
======= ======= ======= =======
Average common shares outstanding 481.6 413.5 438.9 412.9
Effect of dilutive securities
Preferred securities of subsidiary trust 8.3
Long-term incentive plan deferred
compensation
Stock options 0.1 3.3 0.3 3.3
------- ------- ------- -------
Average common shares outstanding
- assuming dilution 481.7 416.8 447.5 416.2
======= ======= ======= =======
Earnings per common share before
extraordinary items $ 0.36 $ 0.35 $ 1.57 $ 0.29
======= ======= ======= =======
Earnings per common share before
extraordinary items - assuming dilution $ 0.36 $ 0.35 $ 1.57 $ 0.29
======= ======= ======= =======
</TABLE>
Note: If an amount does not appear in the above table, the security was
antidilutive for the period presented.
|
|