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FORM 10-Q FOR THE QUARTER ENDED JUNE 30, 2000 EXHIBIT 11.01
CARAUSTAR INDUSTRIES, INC.
COMPUTATION OF EARNINGS PER SHARE
(IN THOUSANDS, EXCEPT PER SHARE DATA)
(UNAUDITED)
COMPUTATION OF BASIC AND DILUTED EARNINGS PER COMMON SHARE
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THREE MONTHS ENDED SIX MONTHS ENDED
JUNE 30, JUNE 30,
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2000 1999 2000 1999
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<S> <C> <C> <C> <C>
Earnings:
Net income available to common stock................... $ 9,467 $10,316 $11,609 $21,731
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Shares:
Weighted average common shares outstanding............. 25,784 24,969 25,704 24,864
Dilutive effect of stock options....................... 9 117 17 134
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Average diluted shares outstanding and equivalents..... 25,793 25,086 25,721 24,998
Basic earnings per common share:
Net income............................................. $ 0.37 $ 0.41 $ 0.45 $ 0.87
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Diluted earnings per common share:
Net income............................................. $ 0.37 $ 0.41 $ 0.45 $ 0.87
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