EX-11 4 w94191exv11.htm EXHIBIT 11 exv11
 

EXHIBIT 11

THE WASHINGTON POST COMPANY
and Subsidiaries

CALCULATION OF EARNINGS PER SHARE OF COMMON STOCK
(Amounts in thousands except per share data)

                         
            Fiscal Year    
    2003
  2002
  2001
Weighted average shares outstanding
                        
Class A Common
     1,722       1,722       1,722  
Class B Common (excluding shares issuable
upon exercise of stock options — accounted
     7,808       7,782       7,764  
for below)
    
     
     
 
Shares used in computation of basic earnings per
share
     9,530       9,504       9,486  
Add — Shares assumed issuable upon exercise of
stock options
     138       152       118  
Deduct — Shares assumed to be purchased for
Treasury with proceeds from exercise of stock
options
     (113 )     (133 )     (104 )
 
    
 		      
 		      
 		  
Shares used in computation of diluted earnings per common share
     9,555       9,523       9,500  
 
    
 		      
 		      
 		  
Net income available for common shares
   $ 240,061     $ 203,235     $ 228,587  
 
    
 		      
 		      
 		  
Basic earnings per common share
   $ 25.19     $ 21.38     $ 24.10  
 
    
 		      
 		      
 		  
Diluted earnings per common share
   $ 25.12     $ 21.34     $ 24.06