Attached files
| file | filename |
|---|---|
| 10-Q - 10-Q - INTERNATIONAL PAPER CO /NEW/ | ip-3312017xform10xq.htm |
| EX-32 - EXHIBIT 32 - INTERNATIONAL PAPER CO /NEW/ | ip-20170331exhibit32certif.htm |
| EX-31.2 - EXHIBIT 31.2 - INTERNATIONAL PAPER CO /NEW/ | ip-20170331exhibit312certi.htm |
| EX-31.1 - EXHIBIT 31.1 - INTERNATIONAL PAPER CO /NEW/ | ip-20170331exhibit311certi.htm |
| EX-12 - EXHIBIT 12 - INTERNATIONAL PAPER CO /NEW/ | ip-20170331exhibit12comput.htm |
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, | |||||||
2017 | 2016 | ||||||
Earnings (loss) from continuing operations | $ | 209 | $ | 339 | |||
Discontinued operations | — | (5 | ) | ||||
Net earnings (loss) | 209 | 334 | |||||
Effect of dilutive securities | — | — | |||||
Net earnings - assuming dilution | $ | 209 | $ | 334 | |||
Average common shares outstanding | 412.1 | 410.8 | |||||
Effect of dilutive securities | |||||||
Restricted stock performance share plan | 3.9 | 3.2 | |||||
Average common shares outstanding - assuming dilution | 416.0 | 414.0 | |||||
Earnings (loss) per common share from continuing operations | $ | 0.51 | $ | 0.82 | |||
Discontinued operations | — | (0.01 | ) | ||||
Net earnings (loss) per common share | $ | 0.51 | $ | 0.81 | |||
Earnings (loss) per common share from continuing operations - assuming dilution | $ | 0.50 | $ | 0.82 | |||
Discontinued operations | — | (0.01 | ) | ||||
Net earnings (loss) per common share - assuming dilution | $ | 0.50 | $ | 0.81 | |||
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. |