EXHIBIT 11.1
SBE, INC.
STATEMENTS OF COMPUTATION OF NET INCOME (LOSS) PER SHARE
for the three and nine months ended July 31, 1998 and 1997
(In thousands, except per share amounts)
(Unaudited)
Three months ended Nine months ended
July 31, July 31,
1998 1997 1998 1997
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BASIC
Weighted average number of
common shares outstanding 2,674 2,515 2,662 2,464
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Number of shares for computation of
net income (loss) per share 2,674 2,515 2,662 2,464
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Net income (loss) $ 154 $ 740 $ (556) $1,954
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Net income (loss) per share $ 0.06 $ 0.29 $(0.21) $ 0.79
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DILUTED
Weighted average number of
common shares outstanding 2,674 2,515 2,662 2,464
Shares issuable pursuant to options
granted under employee stock
option plan, less assumed
repurchase at the ending fair
market value for the period 31 263 -- 235
Shares issuable pursuant to
warrants granted, less assumed
repurchase at the ending fair
market value for the period -- 3 -- 3
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Number of shares for computation
of net income (loss) per share 2,705 2,781 2,662 2,702
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Net income (loss) $ 154 $ 740 $ (556) $1,954
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Net income (loss) per share $ 0.06 $ 0.27 $(0.21) $ 0.72
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