Exhibit 11.1
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ResMed Inc and Subsidiaries
Computation of Earnings Per Common Share
(in thousands, except per share amounts)
Year Ended June 30,
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2001 2000 1999
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Basic Earnings
Net income $11,630 $22,226 16,102
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Shares
Weighted average number of common shares outstanding 31,129 30,153 29,416
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Basic earnings per share $ 0.37 $ 0.74 $ 0.55
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Diluted Earnings
Net income $11,630 $22,226 16,102
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Shares
Weighted average number of common shares outstanding 31,129 30,153 29,416
Additional shares assuming conversion of stock
options under treasury stock method 2,355 2,150 1,652
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Weighted average number of common and Common
equivalent shares outstanding as adjusted 33,484 32,303 31,068
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Diluted earnings per share $ 0.35 $ 0.69 $ 0.52
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See accompanying independent auditor's report.