North Fork Bancorporation, Inc. Statement on Computation of Net Income Per Common and Common Equivalent Share (September 30, 2004)

Summary

This document from North Fork Bancorporation, Inc. details the calculation of net income per common and common equivalent share for the three and nine months ended September 30, 2004 and 2003. It provides figures for net income, weighted average shares, and earnings per share, both basic and diluted, including pro forma results reflecting a stock split. The statement is unaudited and is intended to inform shareholders and regulators about the company's earnings per share calculations.

EX-1.1 2 y68585exv1w1.htm STATEMENT RE: COMPUTATION OF NET INCOME PER COMMON AND COMMON EQUIVALENT SHARE EX-1.1

Exhibit 11

North Fork Bancorporation, Inc.

COMPUTATION OF NET INCOME PER COMMON AND COMMON EQUIVALENT SHARE
September 30, 2004
(unaudited)


	Three Months				Nine Months
	Ended September 30,				Ended September 30,
(in thousands, except per share amounts)	2004		2003		2004		2003
Net Income	$	119,728	$	94,330	$	331,244	$	293,982
Common and Common Equivalent Shares:
Weighted Average Common Shares Outstanding		168,098		148,853		158,192		151,879
Weighted Average Common Equivalent Shares		2,216		1,657		2,456		1,584

Weighted Average Common and Common Equivalent Shares		170,314		150,510		160,648		153,463

Net Income per Common Share – Basic	$	.71	$	.63	$	2.09	$	1.94
Net Income per Common and Common Equivalent Share — Diluted	$	.70	$	.63	$	2.06	$	1.92
Pro Forma Common and Common Equivalent Shares (3-for-2 post split basis)
Weighted Average Common Shares Outstanding		252,147		223,280		237,288		227,819
Weighted Average Common Equivalent Shares		3,324		2,485		3,684		2,376

Weighted Average Common and Common Equivalent Shares		255,471		225,765		240,972		230,195

Net Income per Common Share – Basic	$	.47	$	.42	$	1.40	$	1.29
Net Income per Common and Common Equivalent Share — Diluted	$	.47	$	.42	$	1.37	$	1.28