EX-11 2 ex-11.txt EXHIBIT 11 EXHIBIT 11. CASCADE CORPORATION COMPUTATION OF EARNINGS PER SHARE (IN THOUSANDS EXCEPT PER SHARE DATA)
QUARTER ENDED APRIL 30 --------------------------------------------------------------------------------- 2000 1999 --------------------------------------- --------------------------------------- INCOME SHARES PER SHARE INCOME SHARES PER SHARE (NUMERATOR) (DENOMINATOR) AMOUNT (NUMERATOR) (DENOMINATOR) AMOUNT ----------- ------------- --------- ----------- ------------- --------- Net income............... $5,171 $4,110 Less: preferred stock dividend............... 80 110 ------ ------ BASIC EPS Income available to common shareholders.... 5,091 11,440 $0.45 4,000 11,534 $0.35 ===== ===== Effect of dilutive securities Manditorily redeemable convertible preferred stock.................. 80 800 80 800 Exchangeable preferred stock.................. 30 305 ------ ------ ------ ------ DILUTED EPS Income available to common shareholder plus assumed conversions............ $5,171 12,240 $0.42 $4,110 12,639 $0.33 ====== ====== ===== ====== ====== =====