Attached files
| file | filename |
|---|---|
| 10-K - 10-K - Neenah Inc | a11-2216_110k.htm |
| EX-24 - EX-24 - Neenah Inc | a11-2216_1ex24.htm |
| EX-32 - EX-32 - Neenah Inc | a11-2216_1ex32.htm |
| EX-21 - EX-21 - Neenah Inc | a11-2216_1ex21.htm |
| EX-23 - EX-23 - Neenah Inc | a11-2216_1ex23.htm |
| EX-12 - EX-12 - Neenah Inc | a11-2216_1ex12.htm |
| EX-31.1 - EX-31.1 - Neenah Inc | a11-2216_1ex31d1.htm |
| EX-31.2 - EX-31.2 - Neenah Inc | a11-2216_1ex31d2.htm |
Exhibit 11
NEENAH PAPER, INC. AND SUBSIDIARIES
STATEMENT REGARDING THE COMPUTATION OF
EARNINGS PER SHARE
(Dollars in millions, except share and per share amounts)
|
|
|
Year Ended December 31, |
| |||||||
|
|
|
2010 |
|
2009 |
|
2008 |
| |||
|
Income (loss) from continuing operations |
|
$ |
25.0 |
|
$ |
(1.8 |
) |
$ |
(45.8 |
) |
|
Distributed and undistributed amounts allocated to participating securities (a) |
|
(0.1 |
) |
— |
|
(0.1 |
) | |||
|
Income (loss) from continuing operations available to common stockholders |
|
24.9 |
|
(1.8 |
) |
(45.9 |
) | |||
|
Income (loss) from discontinued operations, net of income taxes |
|
134.1 |
|
0.6 |
|
(111.2 |
) | |||
|
Distributed and undistributed amounts allocated to participating securities (a) |
|
(0.6 |
) |
— |
|
— |
| |||
|
Net income (loss) available to common stockholders |
|
$ |
158.4 |
|
$ |
(1.2 |
) |
$ |
(157.1 |
) |
|
|
|
|
|
|
|
|
| |||
|
Weighted-average basic shares outstanding |
|
14,744 |
|
14,655 |
|
14,642 |
| |||
|
Add: Assumed incremental shares under stock compensation plans |
|
768 |
|
— |
|
— |
| |||
|
Assuming dilution |
|
15,512 |
|
14,655 |
|
14,642 |
| |||
|
|
|
|
|
|
|
|
| |||
|
Earnings (Loss) Per Common Share |
|
|
|
|
|
|
| |||
|
Basic |
|
|
|
|
|
|
| |||
|
Continuing operations |
|
$ |
1.69 |
|
$ |
(0.12 |
) |
$ |
(3.14 |
) |
|
Discontinued operations |
|
9.05 |
|
0.04 |
|
(7.59 |
) | |||
|
|
|
$ |
10.74 |
|
$ |
(0.08 |
) |
$ |
(10.73 |
) |
|
Diluted |
|
|
|
|
|
|
| |||
|
Continuing operations |
|
$ |
1.61 |
|
$ |
(0.12 |
) |
$ |
(3.14 |
) |
|
Discontinued operations |
|
8.60 |
|
0.04 |
|
(7.59 |
) | |||
|
|
|
$ |
10.21 |
|
$ |
(0.08 |
) |
$ |
(10.73 |
) |
(a) In accordance with ASC Topic 260, for the years ended December 31, 2009 and 2008 undistributed losses have been entirely allocated to common stockholders due to the fact that the holders of participating securities are not contractually obligated to share in the losses of the Company.