BBN CORPORATION EXHIBIT 11.1 COMPUTATION OF NET INCOME (LOSS) PER SHARE (000's except per-share data) Three Months Ended ------------------------------------------- September 30, 1996 September 30, 1995 -------------------- -------------------- Fully Fully Primary Diluted Primary Diluted --------- --------- --------- --------- Weighted average shares outstanding 20,642 20,642 17,518 17,518 Incremental shares from use of treasury stock method for stock options 548 548 (a) (a) --------- --------- --------- --------- Shares used in per-share calculations 21,190 21,190 17,518 17,518 ========= ========= ========= ========= Loss from continuing operations $(10,748) $(10,748) $ (4,430) $ (4,430) Income(loss) from discontinued operations 20,000 20,000 (4,221) (4,221) --------- --------- --------- --------- Net income (loss) $ 9,252 $ 9,252 $ (8,651) $ (8,651) ========= ========= ========= ========= Income (loss) per share amounts: Loss from continuing operations $ (.51) $ (.51) $ (.25) $ (.25) Income (loss) from discontinued operations .95 .95 (.24) (.24) --------- --------- --------- --------- Net income (loss) per share $ .44 $ .44 $ (.49) $ (.49) ========= ========= ========= ========= (a) Incremental shares were not used as their effect would be antidilutive.