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Exhibit 11.01
MARTIN MARIETTA MATERIALS, INC. AND CONSOLIDATED SUBSIDIARIES
COMPUTATION OF EARNINGS PER SHARE
For the Quarter and Nine-Months Ended September 30, 2000 and 1999
(Dollars in Thousands, Except Per Share Data)
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<CAPTION>
Three-Months Ended Nine-Months Ended
September 30, September 30,
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2000 1999 2000 1999
---- ---- ---- ----
<S> <C> <C> <C> <C>
Net earnings $ 42,051 $ 43,951 $ 91,503 $ 93,164
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Weighted average number of
common shares outstanding:
Basic earnings per share 46,763,155 46,677,260 46,746,598 46,665,751
Effect of dilutive securities 199,046 313,201 217,683 308,766
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Diluted earnings per share 46,962,201 46,990,461 46,964,281 46,974,517
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Net earnings per share - basic $ 0.90 $ 0.94 $ 1.96 $ 2.00
=========== =========== =========== ===========
- diluted $ 0.90 $ 0.94 $ 1.95 $ 1.98
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