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Exhibit 11
POLYMER GROUP, INC.
COMPUTATION OF EARNINGS PER SHARE
(In Thousands, Except Per Share Data)
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Three Months Six Months
Ended Ended
------------- --------------
July July July
1, 3, 1, July 3,
2000 1999 2000 1999
------ ------ ------ -------
<S> <C> <C> <C> <C>
Basic:
Net income...................................... $1,420 $8,645 $3,557 $14,477
Average common shares outstanding............... 32,004 32,000 32,003 32,000
Net income per common share--basic.............. $ 0.04 $ 0.27 $ 0.11 $ 0.45
Diluted:
Net income...................................... $1,420 $8,645 $3,557 $14,477
Average common shares outstanding............... 32,004 32,000 32,076 32,000
Net income per common share--diluted............ $ 0.04 $ 0.27 $ 0.11 $ 0.45
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