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Home Depot Inc – ‘10-Q’ for 11/3/02 – EX-11.1

On:  Thursday, 12/5/02, at 5:12pm ET   ·   For:  11/3/02   ·   Accession #:  1104659-2-6906   ·   File #:  1-08207

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  As Of                Filer                Filing    For·On·As Docs:Size              Issuer               Agent

12/05/02  Home Depot Inc                    10-Q       11/03/02    9:741K                                   Merrill Corp-MD/FA

Quarterly Report   —   Form 10-Q
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 10-Q        Quarterly Report                                    HTML    336K 
 2: EX-10.1     Material Contract                                   HTML     35K 
 3: EX-10.2     Material Contract                                   HTML     33K 
 4: EX-10.3     Material Contract                                   HTML     36K 
 5: EX-10.4     Material Contract                                   HTML     47K 
 6: EX-11.1     Statement re: Computation of Earnings Per Share     HTML     39K 
 7: EX-15.1     Letter re: Unaudited Interim Financial Information  HTML     25K 
 8: EX-99.1     Miscellaneous Exhibit                               HTML      9K 
 9: EX-99.2     Miscellaneous Exhibit                               HTML      9K 


EX-11.1   —   Statement re: Computation of Earnings Per Share


This exhibit is an HTML Document rendered as filed.  [ Alternative Formats ]



Exhibit 11.1

 

THE HOME DEPOT, INC. AND SUBSIDIARIES

 

COMPUTATION OF BASIC AND DILUTED
EARNINGS PER SHARE

 

(In Millions, Except Per Share Data)

 

 

 

Three Months Ended

 

Nine Months Ended

 

 

 

November 3,
2002

 

October 28,
2001

 

November 3,
2002

 

October 28,
2001

 

 

 

 

 

 

 

 

 

 

 

BASIC

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net Earnings Available to Common Shareholders

 

$

940

 

$

778

 

$

2,978

 

$

2,334

 

 

 

 

 

 

 

 

 

 

 

Weighted Average Number of Common Shares Outstanding

 

2,337

 

2,337

 

2,347

 

2,332

 

 

 

 

 

 

 

 

 

 

 

Basic Earnings Per Share

 

$

0.40

 

$

0.33

 

$

1.27

 

$

1.00

 

 

 

 

 

 

 

 

 

 

 

DILUTED

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net Earnings Available to Common Shareholders

 

$

940

 

$

778

 

$

2,978

 

$

2,334

 

 

 

 

 

 

 

 

 

 

 

Weighted Average Number of Common Shares Outstanding

 

2,337

 

2,337

 

2,347

 

2,332

 

 

 

 

 

 

 

 

 

 

 

Effect of Potentially Dilutive Securities: Employee Stock Plans

 

6

 

15

 

9

 

18

 

 

 

 

 

 

 

 

 

 

 

Weighted Average Number of Common Shares Outstanding Assuming Dilution

 

2,343

 

2,352

 

2,356

 

2,350

 

 

 

 

 

 

 

 

 

 

 

Diluted Earnings Per Share

 

$

0.40

 

$

0.33

 

$

1.26

 

$

0.99

 

 

Employee stock plans represent options and shares granted under the Company’s employee stock purchase, stock option and deferred compensation stock plans.  Options to purchase 72.1 million and 11.4 million shares of common stock at November 3, 2002 and October 28, 2001, respectively, were excluded from the computation of diluted earnings per share because their effect would have been anti-dilutive.

 



Dates Referenced Herein   and   Documents Incorporated by Reference

This ‘10-Q’ Filing    Date    Other Filings
Filed on:12/5/02
For Period End:11/3/02
10/28/0110-Q
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Filing Submission 0001104659-02-006906   –   Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

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