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IPALCO ENTERPRISES, INC.
Exhibit 11.1 - Computation of Per Share Earnings
For the Quarter Ended June 30, 2000
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QUARTER ENDED JUNE 30, 2000:
Basic Diluted
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Weighted average number of shares
<S> <C> <C>
Average common shares outstanding at June 30, 2000 85,713,007 85,713,007
Dilutive effect for stock options at June 30, 2000 - 887,807
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Adjusted weighted average shares at June 30, 2000 85,713,007 86,600,814
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Net income to be used to compute
diluted earnings per share (Dollars in
thousands)
Net income $28,980 $28,980
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Earnings Per Share $.34 $.33
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For the Six Months Ended June 30, 2000
SIX MONTHS ENDED JUNE 30, 2000:
Basic Diluted
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Weighted average number of shares
Average common shares outstanding at June 30, 2000 85,707,663 85,707,663
Dilutive effect for stock options at June 30, 2000 - 722,660
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Adjusted weighted average shares at June 30, 2000 85,707,663 86,430,323
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Net income to be used to compute
diluted earnings per share (Dollars in
thousands)
Net income $121,307 $121,307
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Earnings Per Share $1.42 $1.40
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