EX-1
from 10-Q
1 page
<table> Exhibit 11 Computation of Earnings Per Share in Thousands of Dollars, Except Per Share Data Six Months Ended June 30, 2000 1999 Numerator: <s> <c> <c> Net Income (Loss) $ (8,167) $93,764 Effect of Dilutive Securities: Eller Put/Call Option Agreement -- (2,334) Convertible Debt -- 2.625% Issued in 1998 4,905 * 5,687 Convertible Debt -- 1.5% Issued in 1999 4,875 * -- Lyons -- 1996 Issue (241)* -- Lyons -- 1998 Issue 2,271 * -- Less: Anti-Dilutive Items (11,810) - Numerator for Net Income (Loss) Per Common Share - Diluted $ (8,167) $ 97,117 Denominator: Weighted Average Common Shares 338,871 287,012 Effect of Dilutive Securities: Stock Options and Common Stock Warrants 10,280 * 5,129 Eller Put/Call Option Agreement -- 1,693 Convertible Debt -- 2.625% Issued in 1998 9,282 * 9,282 Convertible Debt -- 1.5% Issued in 1999 9,454 * -- Lyons -- 1996 Issue 3,872 * -- Lyons -- 1998 Issue 3,085 * -- Less: Anti-Dilutive Items (25,693) - Denominator for Net Income (Loss) Per Common Share - Diluted 338,871 303,116 Net Income (Loss) Per Common Share: Basic $ (.02) $ .33 Diluted $ (.02) $ .32 * Denotes Items That Are Anti-Dilutive to the Calculation of Earnings Per Share. </Table>
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EX-1
from 10-Q
1 page
Exhibit 11 - Computation of Earnings Per Share <table> <caption> in Thousands of Dollars, Except Per Share Data Nine Months Ended September 30, 1999 1998 Numerator: <s> <c> <c> Net Income (Loss) $ 95,288 $ 44,990 Effect of Dilutive Securities: Eller Put/Call Option Agreement (2,300) (2,843) Convertible Debt 11,566 4,905 Numerator for Net Income Per Common Share - Diluted $ 104,554 $ 47,052 ========== ========== Denominator: Weighted Average Common Shares 303,970 231,362 Effect of Dilutive Securities: Common Stock Options and Warrants 7,649 4,238 Eller Put/Call Option Agreement 1,129 1,995 Convertible Debt 13,083 6,222 Denominator for Net Income Per Common Share - Diluted 325,831 243,817 Net Income (Loss) Per Common Share: Basic $ .31 $ .19 ========== ========== Diluted $ .31 $ .19 ========== ========== </Table>
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