EX-11 6 exh11eps.htm COMPUTATION OF EARNINGS PER SHARE exh11eps.htm
 
 
CHURCH & DWIGHT CO., INC. AND SUBSIDIARIES
 
EXHIBIT 11 - Computation of Earnings Per Share
(In thousands except per share amounts)


   
Three Months Ended
 
   
March 28, 2008
   
March 30, 2007
 
BASIC:
           
      Net Income
  $ 56,191     $ 45,099  
Weighted average shares outstanding
    66,343       65,570  
Basic earnings per share
  $ 0.85     $ 0.69  
DILUTED:
               
       Net Income
  $ 56,191     $ 45,099  
       After-tax interest cost of convertible debt
    918       922  
       Net Income plus assumed debt conversion
  $ 57,109     $ 46,021  
Weighted average shares outstanding
    66,343       65,570  
       Dilutive effect of convertible debt
    3,234       3,226  
       Incremental shares under stock option plans
    1,240       1,228  
Adjusted weighted average shares outstanding
    70,817       70,024  
Diluted earnings per share
  $ 0.81     $ 0.66