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Previous: BEAZER HOMES USA INC, 10-K, 2000-12-22 |
Next: BEAZER HOMES USA INC, 10-K, EX-13, 2000-12-22 |
EXHIBIT 11
BEAZER HOMES USA, INC.
STATEMENT RE: COMPUTATION OF PER SHARE EARNINGS
(Dollars in thousands, except per share amounts)
| |
Year Ended September 30, |
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|---|---|---|---|---|---|---|---|---|---|---|---|---|
| |
2000 |
1999 |
1998 |
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| Basic: | ||||||||||||
| Earnings— | ||||||||||||
| Net income | $ | 43,606 | $ | 36,934 | $ | 23,201 | ||||||
| Less: Dividends and other payments to preferred stockholders | — | 3,343 | 4,000 | |||||||||
| Net income applicable to common shareholders | $ | 43,606 | $ | 33,591 | $ | 19,201 | ||||||
| Shares— | ||||||||||||
| Weighted average number of common shares outstanding | 8,254 | 7,320 | 5,864 | |||||||||
Basic net income per share |
$ |
5.28 |
$ |
4.59 |
$ |
3.27 |
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Diluted: |
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| Earnings | ||||||||||||
| Net income applicable to common stockholders | $ | 43,606 | $ | 33,591 | $ | 19,201 | ||||||
| Plus: Dividends and other payments to preferred stockholders | — | $ | 3,343 | $ | 4,000 | |||||||
| Adjusted net income applicable to common shareholders | $ | 43,606 | $ | 36,934 | $ | 23,201 | ||||||
Shares |
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| Weighted average number of common shares outstanding | 8,254 | 7,320 | 5,864 | |||||||||
| Effect of dilutive securities: | ||||||||||||
| Assumed conversion of preferred shares | — | 1,232 | 2,625 | |||||||||
| Restricted stock | 298 | 254 | 163 | |||||||||
| Options to acquire common stock | 78 | 89 | 79 | |||||||||
| Diluted weighted average number of common shares outstanding |
8,630 | 8,895 | 8,731 | |||||||||
| Diluted earnings per share | $ | 5.05 | $ | 4.15 | $ | 2.66 | ||||||
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