STATEMENT REGARDING COMPUTATIONS OF PER SHARE EARNINGS
BGS SYSTEMS, INC.
For the quarter ended
July 31,
1995 1994
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PRIMARY
Average shares outstanding 3,107,312 3,092,382
Net effect of stock options, if dilutive,
based on the treasury stock method using
the average market price 16,101 15,794
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Total 3,123,413 3,108,176
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Net income $ 1,896,622 $ 1,769,552
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Net income per share $ .61 $ .57
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For the six months ended
July 31,
1995 1994
--------------------------
PRIMARY
Average shares outstanding 3,104,638 3,110,484
Net effect of stock options, if dilutive,
based on the treasury stock method using
the average market price 15,179 16,014
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Total 3,119,817 3,126,498
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Net income $ 3,769,305 $ 3,507,070
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Net income per share $ 1.21 $ 1.12
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