SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) February 25, 1998
TOLL BROTHERS, INC.
(Exact name of Registrant as specified in its charter)
Delaware 1-9186 23-2416878
(State or other juris- (Commission (IRS Employer
diction of incorporation) File No.) Identification No.)
3103 Philmont Avenue
Huntingdon Valley, Pennsylvania 19006
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (215) 938-8000
(Former name or former address, if changed since last report)
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Item 7. Financial Statements, Pro Forma Financial Information and Exhibits.
(c) Exhibits.
11 Computation of Earnings per Share for the five years ending October
31, 1998.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
TOLL BROTHERS, INC.
(Registrant)
Date: February 25, 1998 By: /s/ Joseph R. Sicree
Name: Joseph R. Sicree
Title: Vice President
EXHIBIT INDEX
Exhibit Description
11 Computation of Earnings per share for the five years ending October
31, 1998.*
*Filed electronically herewith.
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EXHIBIT 11 EARNINGS PER SHARE
1997 1996 1995 1994 1993
<S> <C> <C> <C> <C> <C>
NET INCOME PER INCOME STATEMENT 65,075 53,744 49,932 36,177 28,058
ADD: INTEREST ON CONVERTIBLE DEBT 1,512 1,543 1,585 1,285
NET INCOME - FULLY DILUTED & DILUTED 66,587 55,287 51,517 37,462 28,058
SHARE BASE
WTD AVER SHARES O/S 34,127 33,868 33,510 33,398 33,231
COMMON STOCK EQUIV. 791 624 399 228 236
CONV. DEBT 2,345 2,389 2,451 2,029
DILUTED SHARES 37,263 36,881 36,360 35,655 33,467
EARNINGS PER SHARE
BASIC 1.91 1.59 1.49 1.08 0.84
DILUTED 1.79 1.50 1.42 1.05 0.84
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