EX-11 4 dex11.htm COMPUTATION OF NET INCOME PER SHARE

Computation of net income per share

EXHIBIT 11

Crane Co.

Exhibit 11 to FORM 10-K

Annual Report for the Year Ended December 31, 2007

Computation of Net Income Per Share

(In Thousands, Except Per Share Data)

		2007				2006			2005			2004				2003
Basic
Net income (loss)		$	(62,342	)		$	165,887		$	136,037		$	(105,421	)		$	104,303
Net income (loss) per share		$	(1.04	)		$	2.72		$	2.27		$	(1.78	)		$	1.76
Weighted average number of basic shares			60,037				60,906			59,816			59,251				59,394
Diluted
Net income (loss)		$	(62,342	)		$	165,887		$	136,037		$	(105,421	)		$	104,303
Net income (loss) per share		$	(1.04	)		$	2.67		$	2.25		$	(1.78	)		$	1.75
Weighted average number of basic shares			60,037				60,906			59,816			59,251				59,394
Add:
Adjustment to basic for dilutive stock options			—				1,197			597			—				322
Weighted average number of diluted shares			60,037				62,103			60,413			59,251				59,716