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IPALCO ENTERPRISES, INC.
Exhibit 11.1 - Computation of Per Share Earnings
For the Quarter Ended September 30, 2000
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QUARTER ENDED SEPTEMBER 30, 2000:
Basic Diluted
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Weighted average number of shares
<S> <C> <C>
Average common shares outstanding at September 30, 2000 86,352,781 86,352,781
Dilutive effect for stock options at September 30, 2000 - 912,217
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Adjusted weighted average shares at September 30, 2000 86,352,781 87,264,998
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Net income to be used to compute
diluted earnings per share (Dollars in
thousands)
Net income $30,045 $30,045
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Earnings Per Share $.35 $.34
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For the Nine Months Ended September 30, 2000
NINE MONTHS ENDED SEPTEMBER 30, 2000:
Basic Diluted
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Weighted average number of shares
Average common shares outstanding at September 30, 2000 85,922,702 85,922,702
Dilutive effect for stock options at September 30, 2000 - 785,845
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Adjusted weighted average shares at September 30, 2000 85,922,702 86,708,547
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Net income to be used to compute
diluted earnings per share (Dollars in
thousands)
Net income $151,352 $151,352
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Earnings Per Share $1.76 $1.75
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