EX-11 4 dex11.htm COMPUTATION OF EARNINGS PER SHARE Computation of Earnings Per Share

Exhibit 11

 

CHURCH & DWIGHT CO., INC. AND SUBSIDIARIES

 

EXHIBIT 11 - Computation of Earnings Per Share

(In thousands except per share amounts)

 

     Quarter Ended

    

April 1,

2005


  

April 2,

2004


BASIC:

             

Net Income

   $ 37,701    $ 29,906

Weighted average shares outstanding

     63,321      61,323

Basic earnings per share

   $ 0.60    $ 0.49

DILUTED:

             

Net Income

   $ 37,701    $ 29,906

After-tax interest cost of convertible debt

     917      924
    

  

Net Income plus assumed debt conversion

   $ 38,618    $ 30,830

Weighted average shares outstanding

     63,321      61,323

Dilutive effect of convertible debt

     3,226      3,226

Incremental shares under stock option plans

     2,455      3,161
    

  

Adjusted weighted average shares outstanding

     69,002      67,710
    

  

Diluted earnings per share

   $ 0.56    $ 0.46