Compuware Annual Report 2001

Compuware Corporation and Subsidiaries
Consolidated Financial Statements

Notes to Consolidated Financial Statements


8. EARNINGS PER COMMON SHARE

Earnings per common share ("EPS") data were computed as follows (in thousands, except for per share data):




YEAR ENDED MARCH 31,



2001   


2000   


1999   

BASIC EPS:
   

   

   
Numerator: Net income
$ 119,083   

$ 351,976   

$ 349,863   



Denominator:
   

   

   
   Weighted-average common shares
   

   

   
      outstanding
365,192   

358,560   

366,734   



Basic EPS
$      0.33   

$      0.98   

$      0.95   









DILUTED EPS:
   

   

   
Numerator: Net income
$ 119,083   

$ 351,976   

$ 349,863   



Denominator:
   

   

   
   Weighted-average common shares
   

   

   
      outstanding
365,192   

358,560   

366,734   
   Dilutive effect of stock options
7,617   

26,131   

35,302   



   Total shares
372,809   

384,691   

402,036   



Diluted EPS
$      0.32   

$      0.91   

$      0.87