Attached files

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EX-32.2 - EXHIBIT 32.2 - Targa Resources Corp.ex32_2.htm
EX-32.1 - EXHIBIT 32.1 - Targa Resources Corp.ex32_1.htm
EX-10.1 - EXHIBIT 10.1 - Targa Resources Corp.ex10_1.htm
EX-31.1 - EXHIBIT 31.1 - Targa Resources Corp.ex31_1.htm
EX-31.2 - EXHIBIT 31.2 - Targa Resources Corp.ex31_2.htm
10-Q - FORM 10-Q QUARTERLY REPORT - Targa Resources Corp.form10-q.htm
 
 
 
   
Exhibit 11.1
 
TARGA RESOURCES CORP.
 
 
   
 
 
STATEMENT RE COMPUTATION OF PER SHARE EARNINGS
 
 
   
 
 
(Shares in millions; Dollars in millions except per share amounts)
 
 
   
 
 
 
 
 
   
 
 
 
 
Three Months Ended March 31,
 
 
 
2011
   
2010
 
Net income
  $ 40.8     $ 35.9  
Less: Net income attributable to noncontrolling interest
    34.0       14.0  
Net income attributable to Targa Resources Corp.
    6.8       21.9  
Dividends on Series B preferred stock
    -       (4.6 )
Undistributed earnings attibutable to preferred shareholders
    -       (17.3 )
Net income attributable to common shareholders
  $ 6.8     $ -  
 
               
Weighted average shares outstanding - basic
    40.9       3.9  
 
               
Net income available per common share - basic
  $ 0.17     $ -  
 
               
Weighted average shares outstanding
    40.9       3.9  
Dilutive effect of unvested stock awards
    0.4       -  
Weighted average shares outstanding - diluted
    41.3       3.9  
 
               
Net income (loss) available per common share - diluted
  $ 0.16     $ -