BBN CORPORATION EXHIBIT 11.1 COMPUTATION OF NET INCOME (LOSS) PER SHARE (000's except per-share data) Three Months Ended ------------------------------------------- December 31, 1995 December 31, 1994 -------------------- -------------------- Fully Fully Primary Diluted Primary Diluted --------- --------- --------- --------- Weighted average shares outstanding 17,694 17,694 16,819 16,819 Incremental shares from use of treasury stock method for stock options (a) (a) (a) (a) --------- --------- --------- --------- Shares used in per-share calculations 17,694 17,694 16,819 16,819 ========= ========= ========= ========= Net income (loss) $ (7,890) $ (7,890) $ (1,925) $ (1,925) ========= ========= ========= ========= Net income (loss) per share $ (.45) $ (.45) $ (.11) $ (.11) ========= ========= ========= ========= Six Months Ended ------------------------------------------- December 31, 1995 December 31, 1994 -------------------- -------------------- Fully Fully Primary Diluted Primary Diluted --------- --------- --------- --------- Weighted average shares outstanding 17,606 17,606 16,717 16,717 Incremental shares from use of treasury stock method for stock options (a) (a) (a) (a) --------- --------- --------- --------- Shares used in per-share calculations 17,606 17,606 16,717 16,717 ========= ========= ========= ========= Net income (loss) $(16,541) $(16,541) $ (3,733) $ (3,733) ========= ========= ========= ========= Net income (loss) per share $ (.94) $ (.94) $ (.22) $ (.22) ========= ========= ========= ========= (a) Incremental shares were not used as their effect would be antidilutive.