EX-1
from 10-Q
1 page
Exhibit 11.1 Great Western Financial Corporation Computation of Net Income Per Common Share Primary and Fully Diluted <table> <caption Three Months Ended Nine Months Ended September 30 September 30 (Dollars in Thousands) 1994 1993 1994 1993 <s> <c> <c> <c> <c> Net Income (Loss) $57,231 $(17,533) $162,560 $ 80,269 Preferred Stock Dividends - Convertible and Nonconvertible (6,254) (6,253) (18,761) (18,761) Net Income (Loss) for Computing Earnings Per Common Share - Primary 50,977 (23,786) 143,799 61,508 Preferred Stock Dividends - Convertible 2,830 2,830 8,490 8,490 Net Income (Loss) for Computing Earnings Per Common Share - Fully Diluted $53,807 $(20,956) $152,289 $ 69,998 ======= ======== ======== ======== </Table> Computation of Average Number of Common Shares Outstanding on Primary and Fully Diluted Basis (In Thousands, Except Per Share Amounts) <table> <caption> Three Months Ended Nine Months Ended September 30 September 30 1994 1993 1994 1993 <s> <c> <c> <c> <c> Average Number of Common Shares Outstanding During Each Period - Without Dilution 133,420 131,624 133,088 131,321 Common Share Equivalents Outstanding at the End of Each Period 881 479 590 397 Average Number of Common Shares and Common Share Equivalents Outstanding During Each Period on a Primary Basis 134,301 132,103 133,678 131,718 Common Share Equivalents Outstanding at the End of Each Period on a Fully Diluted Basis - 462 201 543 Addition From Assumed Conversion as of the Beginning of Each Period of the Convertible Preferred Stock Outstanding at the End of Each Period 6,342 6,342 6,342 6,342 Average Number of Common Shares Outstanding During Each Period on a Fully Diluted Basis 140,643 138,907 140,221 138,603 ======= ======= ======= ======= Net Income (Loss) Per Common Share Primary $.38 $(.18) $1.08 $.47 Fully Diluted .38 (.18) 1.08 .47 </Table>
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EX-1
from 10-Q
1 page
<page> Exhibit 11.1 Great Western Financial Corporation Computation of Net Income Per Common Share Primary and Fully Diluted <table> <caption> Three Months Ended Six Months Ended June 30 June 30 (Dollars in Thousands) 1994 1993 1994 1993 <s> <c> <c> <c> <c> Net Income $55,855 $52,591 $105,330 $ 97,802 Preferred Stock Dividends - Convertible and Nonconvertible (6,254) (6,254) (12,508) (12,508) Net Income for Computing Earnings Per Common Share - Primary 49,601 46,337 92,822 85,294 Preferred Stock Dividends - Convertible 2,830 2,830 5,660 5,660 Net Income for Computing Earnings Per Common Share - Fully Diluted $52,431 $49,167 $ 98,482 $ 90,954 ======= ======= ======== ======== </Table> Computation of Average Number of Common Shares Outstanding on Primary and Fully Diluted Basis (In Thousands, Except Per Share Amounts) <table> <caption> Three Months Ended Six Months Ended June 30 June 30 (Dollars in Thousands) 1994 1993 1994 1993 <s> <c> <c> <c> <c> Average Number of Common Shares Outstanding During Each Period - Without Dilution 133,059 131,346 132,919 131,166 Common Share Equivalents Outstanding at the End of Each Period 457 371 525 489 Average Number of Common Shares and Common Share Equivalents Outstanding During Each Period on a Primary Basis 133,516 131,717 133,444 131,655 Common Share Equivalents Outstanding at the End of Each Period on a Fully Diluted Basis 161 - 94 - Addition From Assumed Conversion as of the Beginning of Each Period of the Convertible Preferred Stock Outstanding at the End of Each Period 6,342 6,342 6,342 6,342 Average Number of Common Shares Outstanding During Each Period on a Fully Diluted Basis 140,091 138,059 139,880 137,997 ======= ======= ======= ======= Net Income Per Common Share Primary $.38 $.35 $.70 $.65 Fully Diluted .38 .35 .70 .65 </Table>
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