EX-11 3 d875160dex11.htm EX-11 EX-11

Exhibit No. 11

Armstrong World Industries, Inc. and Subsidiaries

Computation of Earnings Per Share

(dollar amounts in millions, except per share data)

 

     2014      2013      2012  

Basic earnings per share from continuing operations

        

Earnings from continuing operations

   $ 102.0       $ 127.3       $ 158.6   

Earnings allocated to participating non-vested share awards

     (0.5      (0.7      (1.1
  

 

 

    

 

 

    

 

 

 

Earnings from continuing operations attributable to common shares

$ 101.5    $ 126.6    $ 157.5   

Basic weighted average number of common shares outstanding

  55.0      57.8      58.9   

Basic earnings per share from continuing operations

$ 1.85    $ 2.19    $ 2.67   

Diluted earnings per share from continuing operations

Earnings from continuing operations

$ 102.0    $ 127.3    $ 158.6   

Earnings allocated to participating non-vested share awards

  (0.5   (0.7   (1.1
  

 

 

    

 

 

    

 

 

 

Earnings from continuing operations attributable to common shares

$ 101.5    $ 126.6    $ 157.5   

Basic weighted average number of common shares outstanding

  55.0      57.8      58.9   

Weighted average number of common shares issuable under stock option or unvested stock grants

  0.4      0.6      0.6   
  

 

 

    

 

 

    

 

 

 

Diluted weighted average number of common shares outstanding

  55.4      58.4      59.5   

Diluted earnings per share from continuing operations

$ 1.83    $ 2.17    $ 2.65