Exhibit 11
THE WASHINGTON POST COMPANY
CALCULATION OF EARNINGS
PER SHARE OF COMMON STOCK
(In thousands of shares)
Thirteen Weeks Ended | Thirty-nine Weeks Ended | |||||||||||||||
September 29, | September 30, | September 29, | September 30, | |||||||||||||
2002 | 2001 | 2002 | 2001 | |||||||||||||
Number of shares of Class A and Class B common stock outstanding at beginning of Period | 9,503 | 9,487 | 9,495 | 9,460 | ||||||||||||
Issuance of shares of Class B common stock (weighted), net of forfeiture of restricted stock awards | 3 | 2 | 7 | 24 | ||||||||||||
Shares used in the computation of basic earnings per common share | 9,506 | 9,489 | 9,502 | 9,484 | ||||||||||||
Adjustment to reflect dilution from common stock equivalents | 17 | 13 | 16 | 16 | ||||||||||||
Shares used in the computation of diluted earnings per common share | 9,523 | 9,502 | 9,518 | 9,500 | ||||||||||||
Net income available for common shares | $ | 47,524 | $ | 1,305 | $ | 109,490 | $ | 214,062 | ||||||||
Basic earnings per common Share | $ | 5.00 | $ | 0.14 | $ | 11.52 | $ | 22.57 | ||||||||
Diluted earnings per common share | $ | 4.99 | $ | 0.14 | $ | 11.50 | $ | 22.53 | ||||||||