STATEMENT RE: COMPUTATION OF NET INCOME PER COMMON AND COMMON EQUIVALENT SHARE
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 |
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