Exhibit 11
SWIFT TRANSPORTATION CO., INC. & SUBSIDIARIES
Schedule of Computation of Net Earnings Per Share
(in thousands, except per share amounts)
Three months ended Nine months ended
September 30, September 30,
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2000 1999 2000 1999
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Net earnings $15,316 $18,732 $42,532 $48,339
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Weighted average shares:
Common shares outstanding 63,245 64,260 63,183 64,013
Common equivalent shares issuable
upon exercise of employee stock
options 1,073 1,211 852 1,240
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Diluted weighted average shares 64,318 65,471 64,035 65,253
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Basic earnings per share $ .24 $ .29 $ .67 $ .76
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Diluted earnings per share $ .24 $ .29 $ .66 $ .74
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