BOLT BERANEK AND NEWMAN INC. EXHIBIT 11.1 COMPUTATION OF NET LOSS PER SHARE (000's except per-share data) Three Months Ended ------------------------------------------------- December 31, 1994 December 31, 1993 ------------------------ ---------------------- Fully Fully Primary Diluted Primary Diluted ----------- ----------- ----------- --------- Weighted average shares outstanding 16,819 16,819 16,079 16,079 Incremental shares from use of treasury stock method for stock options (a) (a) (a) (a) ----------- ----------- ----------- --------- Shares used in per-share calculations 16,819 16,819 16,079 16,079 =========== =========== =========== ========= Net loss $ (1,925) $ (1,925) $ (1,666) $ (1,666) =========== =========== =========== ========= Net loss per share $ (.11) $ (.11) $ (.10) $ (.10) =========== =========== =========== ========= Six Months Ended ------------------------------------------------- December 31, 1994 December 31, 1993 ------------------------ ---------------------- Fully Fully Primary Diluted Primary Diluted ----------- ----------- ----------- --------- Weighted average shares outstanding 16,717 16,717 16,029 16,029 Incremental shares from use of treasury stock method for stock options (a) (a) (a) (a) ----------- ----------- ----------- --------- Shares used in per-share calculations 16,717 16,717 16,029 16,029 =========== =========== =========== ========= Net loss $ (3,733) $ (3,733) $ (3,613) $ (3,613) =========== =========== =========== ========= Net loss per share $ (.22) $ (.22) $ (.23) $ (.23) =========== =========== =========== ========= (a) Incremental shares were not used as their effect would be antidilutive.