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 |
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Exhibit 11.1
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TARGA RESOURCES CORP.
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STATEMENT RE COMPUTATION OF PER SHARE EARNINGS
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(Shares in millions; Dollars in millions except per share amounts)
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Three Months Ended March 31,
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2011
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2010
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Net income
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$ | 40.8 | $ | 35.9 | ||||
Less: Net income attributable to noncontrolling interest
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34.0 | 14.0 | ||||||
Net income attributable to Targa Resources Corp.
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6.8 | 21.9 | ||||||
Dividends on Series B preferred stock
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- | (4.6 | ) | |||||
Undistributed earnings attibutable to preferred shareholders
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- | (17.3 | ) | |||||
Net income attributable to common shareholders
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$ | 6.8 | $ | - | ||||
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Weighted average shares outstanding - basic
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40.9 | 3.9 | ||||||
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Net income available per common share - basic
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$ | 0.17 | $ | - | ||||
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Weighted average shares outstanding
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40.9 | 3.9 | ||||||
Dilutive effect of unvested stock awards
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0.4 | - | ||||||
Weighted average shares outstanding - diluted
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41.3 | 3.9 | ||||||
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Net income (loss) available per common share - diluted
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$ | 0.16 | $ | - |