Form: 10-Q

Quarterly report pursuant to Section 13 or 15(d)

July 15, 2002

Documents

Published on July 15, 2002

EXHIBIT 11
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CONSTELLATION BRANDS, INC. AND SUBSIDIARIES
COMPUTATION OF EARNINGS PER COMMON SHARE
(in thousands, except per share data)

For the Three Months Ended May 31,
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2002 2001
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Basic Diluted Basic Diluted
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Income applicable to common shares $37,369 $37,369 $23,843 $23,843
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Shares:
Weighted average common shares
outstanding 88,845 88,845 82,508 82,508
Adjustments:
Stock options - 3,508 - 2,543
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Adjusted weighted average common
shares outstanding 88,845 92,353 82,508 85,051
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Earnings per common share $ 0.42 $ 0.40 $ 0.29 $ 0.28
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