EXHIBIT 11.1
SBE, INC.
STATEMENTS OF COMPUTATION OF NET (LOSS) INCOME PER SHARE
FOR THE THREE AND NINE MONTHS ENDED JULY 31, 1999 AND 1998
(In thousands, except per share amounts)
(Unaudited)
Three months ended Nine months ended
July 31, July 31,
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1999 1998 1999 1998
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BASIC
Weighted average number of
common shares outstanding 2,875 2,674 2,855 2,662
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Number of shares for computation of
net (loss) income per share 2,875 2,674 2,855 2,662
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Net (loss) income $ (436) $ 154 $ 622 $ (556)
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Net (loss) income per share $(0.15) $ 0.06 $ 0.22 $(0.21)
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DILUTED
Weighted average number of
common shares outstanding 2,875 2,674 2,855 2,662
Shares issuable pursuant to options granted
under stock option plans, less assumed
repurchase at the ending fair market value
for the period (a) 31 128 (a)
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Number of shares for computation of
net (loss) income per share 2,875 2,705 2,983 2,662
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Net (loss) income $ (436) $ 154 $ 622 $ (556)
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Net (loss) income per share $(0.15) $ 0.06 $ 0.21 $(0.21)
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<FN>
(a) In loss periods, common share equivalents would have an antidilutive effect on loss per share
and therefore have been excluded.