FORM 10-Q STATEMENT REGARDING COMPUTATIONS OF PER SHARE EARNINGS BGS SYSTEMS, INC. For the quarter ended April 30, 1997 1996 -------------------------- PRIMARY Average shares outstanding 6,269,084 6,247,458 Net effect of stock options, if dilutive, based on the treasury stock method using the average market price 170,232 42,448 --------- --------- Total 6,439,316 6,289,906 --------- --------- Net income $ 2,214,629 $ 2,101,630 ========= ========= Net income per share $ .34 $ .33 ========= =========