STATEMENT REGARDING COMPUTATIONS OF PER SHARE EARNINGS BGS SYSTEMS, INC. For the quarter ended April 30, 1996 1995 -------------------------- PRIMARY Average shares outstanding 3,123,729 3,101,964 Net effect of stock options, if dilutive, based on the treasury stock method using the average market price 21,224 14,256 ----------- ----------- Total 3,144,953 3,116,220 ----------- ----------- Net income $ 2,101,630 $ 1,872,683 =========== =========== Net income per share $ .67 $ .60 =========== ===========