Cornell Corrections, Inc.
Statement Re: Computation of Per Share Earnings
(in thousands except per share amounts)
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Three Months Ended September 30, |
Nine Months Ended September 30, |
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2002 |
2001 |
2002 |
2001 |
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Basic |
Diluted |
Basic |
Diluted |
Basic |
Diluted |
Basic |
Diluted |
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| Net Earnings | $ | 1,793 | $ | 1,793 | $ | 1,431 | $ | 1,431 | $ | 3,438 | $ | 3,438 | $ | 4,384 | $ | 4,384 | ||||||||||
| Shares used in computing net earnings per share: | ||||||||||||||||||||||||||
| Weighted average common shares and common share equivalents | 14,151 | 14,151 | 10,277 | 10,277 | 14,112 | 14,112 | 10,231 | 10,231 | ||||||||||||||||||
| Less treasury shares | (1,184 | ) | (1,184 | ) | (1,035 | ) | (1,035 | ) | (1,137 | ) | (1,137 | ) | (995 | ) | (995 | ) | ||||||||||
| Effect of shares issuable under stock options and warrants based on the treasury stock method | — | 230 | — | 638 | — | 362 | — | 425 | ||||||||||||||||||
| 12,967 | 13,197 | 9,242 | 9,880 | 12,975 | 13,337 | 9,236 | 9,661 | |||||||||||||||||||
| Net earnings per share | $ | 0.14 | $ | 0.14 | $ | 0.15 | $ | 0.14 | $ | 0.26 | $ | 0.26 | $ | 0.47 | $ | 0.45 | ||||||||||