EX-11 2 dex11.htm COMPUTATION OF EARNINGS PER SHARE Computation of earnings per share

CHURCH & DWIGHT CO., INC. AND SUBSIDIARIES

EXHIBIT 11—Computation of Earnings Per Share

(In thousands except per share amounts)

 

      Three Months Ended
     Mar. 30, 2007    Mar. 31, 2006
BASIC:      

Net Income

   $ 45,099    $ 39,947

Weighted average shares outstanding

     65,570      64,478

Basic earnings per share

   $ 0.69    $ 0.62
DILUTED:      

Net Income

   $ 45,099    $ 39,947

After-tax interest cost of convertible debt

     922      921
             

Net Income plus assumed debt conversion

   $ 46,021    $ 40,868
             

Weighted average shares outstanding

     65,570      64,478

Dilutive effect of convertible debt

     3,226      3,226

Incremental shares under stock option plans

     1,228      845
             

Adjusted weighted average shares outstanding

     70,024      68,549
             

Diluted earnings per share

   $ 0.66    $ 0.60