EX-11 4 a14-8344_1ex11.htm EX-11

Exhibit 11

 

INGREDION INCORPORATED (“Ingredion”)

Computation of Net Income

Per Share of Common Stock

 

(All figures are in thousands except per share data)

 

Three Months Ended
March 31, 2014

 

Three Months Ended
March 31, 2013

 

Average shares outstanding — Basic

 

74,620

 

77,389

 

 

 

 

 

 

 

Effect of dilutive securities:

 

 

 

 

 

Stock options and other

 

1,147

 

1,379

 

Average shares outstanding — Assuming dilution.

 

75,767

 

78,768

 

 

 

 

 

 

 

Net income attributable to Ingredion

 

$72,603

 

$110,776

 

 

 

 

 

 

 

Net income per share of Ingredion:

 

 

 

 

 

Basic

 

$0.97

 

$1.43

 

Diluted

 

$0.96

 

$1.41