Exhibit 11.01
MARTIN MARIETTA MATERIALS, INC. AND CONSOLIDATED SUBSIDIARIES
COMPUTATION OF EARNINGS PER SHARE
For the Three Months Ended March 31, 2000 and 1999
(Dollars in Thousands, Except Per Share Data)
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three Months Ended |
|
|
March 31 |
|
|
|
|
|
2000 |
|
1999 |
|
|
|
|
|
|
Net earnings |
|
$ |
7,330 |
|
|
$ |
7,940 |
|
|
|
|
|
|
|
|
|
|
|
Weighted Average Number of Common Shares Outstanding: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Basic |
|
|
46,725,456 |
|
|
|
46,635,302 |
|
|
|
|
|
|
|
Effect of dilutive securities |
|
|
159,602 |
|
|
|
266,414 |
|
|
|
|
|
|
|
|
|
|
|
Diluted |
|
|
46,885,058 |
|
|
|
46,901,716 |
|
|
|
|
|
|
|
|
|
|
|
Net Earnings per Common Share |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
—Basic |
|
$ |
0.16 |
|
|
$ |
0.17 |
|
|
|
|
|
|
|
|
|
|
|
—Diluted |
|
$ |
0.16 |
|
|
$ |
0.17 |
|
|
|
|
|
|
|
|
|
|
Page 18 of 18
