EX-11.1 2 a2050575zex-11_1.txt EXHIBIT 11.1 Exhibit 11.1 THE HOME DEPOT, INC. AND SUBSIDIARIES COMPUTATION OF BASIC AND DILUTED EARNINGS PER SHARE
(In Millions, Except Per Share Data) THREE MONTHS ENDED -------------------------------- April 29, April 30, 2001 2000 -------------- -------------- BASIC Net Earnings Available to Common Shareholders $ 632 $ 629 Weighted Average Number of Common Shares Outstanding 2,326 2,308 -------------- -------------- Basic Earnings Per Share $ 0.27 $ 0.27 ============== ============== DILUTED Net Earnings Available to Common Shareholders $ 632 $ 629 -------------- -------------- Weighted Average Number of Common Shares Outstanding 2,326 2,308 Effect of Potentially Dilutive Securities: Employee Stock Plans 21 46 -------------- -------------- Weighted Average Number of Common Shares Outstanding Assuming Dilution 2,347 2,354 -------------- -------------- Diluted Earnings Per Share $ 0.27 $ 0.27 ============== ==============
Employee stock plans represent options and shares granted under the Company's employee stock purchase, stock option, and deferred compensation stock plans.