Lukens Inc – ‘10-K405’ for 12/27/97 – EX-11

As of:  Monday, 4/13/98   ·   For:  12/27/97   ·   Accession #:  950159-98-98   ·   File #:  1-03258

in

this entire Filing. an “Entity” Search.

Show

Documents searched

and

each “hit”. the 1st “hit”.

↓↑Hints

Annual Report — [x] Reg. S-K Item 405   —   Form 10-K
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 10-K405     Annual Report -- [x] Reg. S-K Item 405                55    262K 
 2: EX-10.1     Material Contract                                     15     45K 
 5: EX-10.11    Material Contract                                     17     72K 
 3: EX-10.2     Material Contract                                     23     56K 
 4: EX-10.3     Material Contract                                     27     52K 
 6: EX-11       Statement re: Computation of Earnings Per Share        1      9K 
 7: EX-21       Subsidiaries of the Registrant                         1      8K 
 8: EX-27       Financial Data Schedule (Pre-XBRL)                     1     11K 
 9: EX-27.1     Financial Data Schedule (Pre-XBRL)                     1     11K 
10: EX-27.2     Financial Data Schedule (Pre-XBRL)                     1     11K 
11: EX-27.3     Financial Data Schedule (Pre-XBRL)                     1     11K 
12: EX-27.4     Financial Data Schedule (Pre-XBRL)                     1     11K 
13: EX-27.5     Financial Data Schedule (Pre-XBRL)                     1     11K 
14: EX-27.6     Financial Data Schedule (Pre-XBRL)                     1     11K 
15: EX-27.7     Financial Data Schedule (Pre-XBRL)                     1     11K 
16: EX-27.8     Financial Data Schedule (Pre-XBRL)                     1     11K 

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

                                                                  EXHIBIT 11

                                                        [Enlarge/Download Table]

                                                                              1997         1996        1995   
                                                                                                              
Net earnings (loss) applicable to common stock                                                                
     Net earnings (loss)                                                   $ (4,620)     (28,411)      34,014 
     ESOP dividend requirements                                                                               
          Preferred stock dividends declared                                 (2,266)      (2,338)      (2,406)
          Tax benefit on dividends - unallocated shares                         251          344          444 
                                                                           --------     --------     -------- 
     Net earnings (loss) applicable to common stock                        $ (6,635)     (30,405)      32,052 
                                                                           --------     --------     -------- 

Weighted average number of common shares outstanding                         14,806       14,784       14,696 

Basic Earnings (Loss) per Common Share                                     $  (0.45)       (2.06)        2.18 
                                                                           ========     ========     ======== 

Net earnings (loss) applicable to common stock                                                                
     Net earnings (loss)                                                   $     --           --       34,014 
     Incremental cash contribution to the ESOP assuming conversion of                                         
          preferred stock to common                                              --           --         (902)
     Tax benefit on the incremental cash contribution                            --           --          316 
                                                                           --------     --------     -------- 
     Net earnings (loss) applicable to common stock                        $     --           --       33,428 
                                                                           --------     --------     -------- 

Weighted average number of common shares outstanding                                                          
     Weighted average number of common shares outstanding                        --           --       14,696 
     Common stock equivalents                                                    --           --          129 
     Assumed conversion of Series B ESOP preferred stock                         --           --        1,509 
                                                                           --------     --------     -------- 
     Weighted average number of common shares and equivalents outstanding        --           --       16,334 
                                                                           --------     --------     -------- 

Diluted Earnings (Loss) per Common Share                                   $  (0.45)**     (2.06)**      2.05 
                                                                           ========     ========     ======== 

*    Not applicable because it would result in an antidilutive calculation.     
**   Fully diluted calculation is not presented because it is antidilutive.