EX-11 3 dex11.htm COMPUTATION OF INCOME PER ORDINARY SHARE Computation of Income Per Ordinary Share

EXHIBIT 11

Tommy Hilfiger Corporation
Computation of Net Income Per Ordinary Share
(in thousands, except per share amounts)

 

 

Six Months Ended September 30,

 

Three Months Ended September 30,

 

 

 

 

 

 

 

2002

 

2001

 

2002

 

2001

 

 

 

 

 

 

 

FINANCIAL STATEMENT PRESENTATION

 

 

 

 

 

 

 

 

 

 

 

 

 

BASIC

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average shares outstanding

 

 

90,194

 

 

89,150

 

 

90,490

 

 

89,292

 

 

 

 

 

 

 

Earnings (loss) before cumulative effect of accounting change

 

$

52,262

 

$

56,888

 

$

60,994

 

$

47,875

 

 

 

 

 

 

 

Net income (loss)

 

$

(377,764

)

$

56,888

 

$

60,994

 

$

47,875

 

 

 

 

 

 

 

Earnings (loss) per share before cumulative effect of accounting change

 

$

0.58

 

$

0.64

 

$

0.67

 

$

0.54

 

 

 

 

 

 

 

Net income (loss) per share

 

$

(4.19

)

$

0.64

 

$

0.67

 

$

0.54

 

 

 

 

 

 

 

DILUTED

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average shares outstanding

 

 

90,194

 

 

89,150

 

 

90,490

 

 

89,292

 

Net effect of dilutive stock options based on the treasury stock method using average market price

 

 

611

 

 

549

 

 

339

 

 

480

 

 

 

 

 

 

 

Total

 

 

90,805

 

 

89,699

 

 

90,829

 

 

89,772

 

 

 

 

 

 

 

Earnings (loss) before cumulative effect of accounting change

 

$

52,262

 

$

56,888

 

$

60,994

 

$

47,875

 

 

 

 

 

 

 

Net income (loss)

 

$

(377,764

)

$

56,888

 

$

60,994

 

$

47,875

 

 

 

 

 

 

 

Earnings (loss) per share before cumulative effect of accounting change

 

$

0.58

 

$

0.63

 

$

0.67

 

$

0.53

 

 

 

 

 

 

 

Net income (loss) per share

 

$

(4.16

)

$

0.63

 

$

0.67

 

$

0.53