Attached files
Exhibit 11
INTERNATIONAL PAPER COMPANY
STATEMENT OF COMPUTATION OF PER SHARE EARNINGS (1)
(Unaudited)
(In millions, except per share amounts)
Three Months Ended March 31, | |||||||
2010 | 2009 | ||||||
Net earnings (loss) |
$ | (162 | ) | $ | 257 | ||
Effect of dilutive securities |
0 | 0 | |||||
Net earnings (loss) assuming dilution |
$ | (162 | ) | $ | 257 | ||
Average common shares outstanding |
428.8 | 423.1 | |||||
Effect of dilutive securities |
|||||||
Restricted stock performance share plan |
0 | 0 | |||||
Stock options |
0 | 0 | |||||
Average common shares outstanding assuming dilution |
428.8 | 423.1 | |||||
Net earnings (loss) per common share |
$ | (0.38 | ) | $ | 0.61 | ||
Net earnings (loss) per common share assuming dilution |
$ | (0.38 | ) | $ | 0.61 | ||
Note: If an amount does not appear in the above table, the security was antidilutive for the periods presented.
(1) | Attributable to International Paper Company common shareholders. |