EX-11 2 dex11.htm COMPUTATION OF PER SHARE EARNINGS COMPUTATION OF PER SHARE EARNINGS

Exhibit 11

 

NEW YORK COMMUNITY BANCORP, INC.

 

STATEMENT RE: COMPUTATION OF PER SHARE EARNINGS

 

(unaudited)

 

     Three Months Ended
June 30,
   

Six Months Ended

June 30,

(in thousands, except per share data)

    2004
    2003(1)
    2004
    2003(1)

Net income

    $ 42,755    $ 71,752    $ 172,778    $ 139,120

Weighted average common shares outstanding

      259,949      176,455      260,307      179,403
    
  
  
  

Basic earnings per common share

    $ 0.16    $ 0.41    $ 0.66    $ 0.78
    
  
  
  

Weighted average common shares outstanding

      259,949      176,455      260,307      179,403

Additional dilutive shares using average market value for the period when utilizing the treasury stock method

      7,752      4,267      10,310      3,384
    
  
  
  

Total shares for diluted earnings per share

      267,701      180,722      270,617      182,787
    
  
  
  

Diluted earnings per common share and common share equivalents

    $ 0.16    $ 0.40    $ 0.64    $ 0.76
    
  
  
  

 

(1) Share amounts for the three and six months ended June 30, 2003 have been adjusted to reflect a 4-for-3 stock split on February 17, 2004.