Comdisco, Inc. and Subsidiaries Exhibit 11.00
COMPUTATION OF EARNINGS PER SHARE
(in millions except per share data)
Average shares used in computing earnings per common and common equivalent share
were as follows:
<TABLE>
<CAPTION>
2000 1999 1998 1997 1996
---- ---- ---- ---- ----
<S> <C> <C> <C> <C> <C>
Average shares issued .................... 224 222 221 220 216
Effect of dilutive options ............... 10 10 12 10 10
Treasury stock ........................... (72) (70) (70) (72) (66)
----- ----- ----- ----- -----
Total .................................. 162 162 163 158 160
===== ===== ===== ===== =====
Net earnings (loss) to common stockholders $ (67) $ 48 $ 151 $ 123 $ 106
===== ===== ===== ===== =====
Net earnings (loss) per common share:
Earnings per common share-basic:
Earnings from continuing operations $1.68 $ .46 $.99 $.83 $ .70
Loss from discontinued operations (2.12) (.14) - - -
----- ----- ---- ---- -----
$(.44) $ .32 $.99 $.83 $ .70
===== ===== ==== ==== =====
Earnings per common share-diluted:
Earnings from continuing operations $.1.58 $ .44 $.93 $.78 $.67
Loss from discontinued operations (1.99) (.14) - - -
------ ----- ---- ---- ----
$ (.41) $.30 $.93 $.78 $.67
====== ===== ==== ==== ====
</TABLE>
On April 22, 1998 the Board of Directors authorized a two-for-one split of the
Company's common stock to be distributed on June 15, 1998, to holders of record
on May 22, 1998. All data with respect to earnings per common share, dividends
per common share, and weighted average number of common shares outstanding has
been retroactively adjusted to reflect the two-for-one split.
