Exhibit 11
BECTON, DICKINSON AND COMPANY
COMPUTATION OF EARNINGS PER SHARE
(All amounts in thousands, except per share data)
Three Months Ended
December 31,
PRIMARY EARNINGS PER SHARE 1995 1994
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Net income $ 44,522 $ 33,544
Less preferred stock dividends (882) (909)
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Net income applicable to common stock $ 43,640 $ 32,635
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Shares:
Average shares outstanding 64,503 68,689
Add dilutive stock equivalents from stock plans 2,840 1,722
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Weighted average number of common and common
equivalent shares outstanding during the year 67,343 70,411
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Earnings per share $ .65 $ .46
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FULLY DILUTED EARNINGS PER SHARE
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Net income applicable to common stock $ 43,640 $ 32,635
Add preferred stock dividends
using the "if converted" method 882 909
Less additional ESOP contribution, using
the "if converted" method (326) (359)
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Net income for fully diluted earnings per share $ 44,196 $ 33,185
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Shares:
Average shares outstanding 64,503 68,689
Add:
Dilutive stock equivalents from stock plans 3,131 1,763
Shares issuable upon conversion
of preferred stock 1,472 1,517
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Weighted average number of common shares used
in calculating fully diluted earnings per share 69,106 71,969
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Fully diluted earnings per share $ .64 $ .46
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