EX-11 8 l33043aexv11.htm EX-11 EX-11
Exhibit 11
Computation of Basic and Diluted Earnings Per Common Share

 

 

A. Schulman, Inc.
Computation of Basic and Diluted Earnings Per Common Share
                         
    Year ended August 31  
    2008     2007     2006  
    (in thousands except share and per share data)  
Net income
   $ 18,049     $ 22,619     $ 32,662  
Dividends on preferred stock
     (53 )     (53 )     (53 )
 
                  
Net income applicable to common stock
   $ 17,996     $ 22,566     $ 32,609  
 
                  
 
                        
Number of shares on which basic earnings per share is calculated:
                        
Average outstanding during period
     26,794,923       27,032,348       29,961,580  
Add — Incremental shares under stock compensation plans
     302,973       337,060       432,630  
 
                  
Number of shares on which diluted earnings per share is calculated
     27,097,896       27,369,408       30,394,210  
 
                  
Basic earnings per share
   $ 0.67     $ 0.83     $ 1.09  
 
                  
Diluted earnings per share
   $ 0.66     $ 0.82     $ 1.07