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Canal Corp – ‘10-K’ for 12/31/96 – EX-11

As of:  Thursday, 3/27/97   ·   For:  12/31/96   ·   Accession #:  19731-97-2   ·   File #:  1-03203

Previous ‘10-K’:  ‘10-K’ on 3/15/96 for 12/31/95   ·   Next:  ‘10-K/A’ on 5/9/97 for 12/31/96   ·   Latest:  ‘10-K’ on 3/6/08 for 12/30/07

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

 3/27/97  Canal Corp                        10-K       12/31/96   10:234K

Annual Report   —   Form 10-K
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 10-K        Annual Report                                         14±    66K 
 3: EX-3        Articles of Incorporation/Organization or By-Laws     14±    62K 
 2: EX-5        Opinion re: Legality                                   1      7K 
 5: EX-10       401(K) Restoration Plan                               10±    40K 
 4: EX-10       Director's Stock Option & Deferred Compensation Pl    13±    52K 
 6: EX-11       Statement re: Computation of Earnings Per Share        1      8K 
 7: EX-13       Annual or Quarterly Report to Security Holders        39±   155K 
 8: EX-21       Subsidiaries of the Registrant                         2±     8K 
 9: EX-23       Consent of Experts or Counsel                          1      9K 
10: EX-99       Miscellaneous Exhibit                                  4     26K 


EX-11   —   Statement re: Computation of Earnings Per Share



[Download Table] EXHIBIT 11.1 CHESAPEAKE CORPORATION AND SUBSIDIARIES COMPUTATION OF NET INCOME PER SHARE OF COMMON STOCK for the three years ended December 31, 1996 (Share amounts in thousands, dollar amounts in millions, except for per share amounts) 1996 1995 1994 Primary: Weighted average number of common shares outstanding 23,528 23,824 23,569 Net additions to common shares assuming exercise of dilutive options, determined by treasury stock method 117 227 206 Common shares and equivalents 23,645 24,051 23,775 Net income $30.1 $93.4 $37.6 Per share amount $1.27 $3.88 $1.58 Fully diluted: Common shares and equivalents 23,645 24,051 23,775 Net additional common shares issuable upon exercise of dilutive options, determined by treasury stock method using year-end market price, if higher than average price 25 5 28 Common shares, equivalents and other potentially dilutive securities 23,670 24,056 23,803 Net income for fully diluted computation $30.1 $93.4 $37.6 Per share amount (a) $1.27 $3.88 $1.58 NOTE: (a) Dilution is less than 3%.

Dates Referenced Herein   and   Documents Incorporated by Reference

This ‘10-K’ Filing    Date    Other Filings
Filed on:3/27/97
For Period End:12/31/9610-K/A
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Filing Submission 0000019731-97-000002   –   Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

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