1 INTUIT INC. EXHIBIT 11.01 COMPUTATION OF NET LOSS PER SHARE THREE MONTHS ENDED OCTOBER 31, 1995 1996 ---- ---- (In thousands, except per share data; unaudited) PRIMARY AND FULLY DILUTED Computation of common and common equivalent shares outstanding: Weighted average common shares outstanding...................... 44,677 46,049 Equivalent shares issuable upon exercise of options (1) ................................................. -- -- ---------- ---------- Total weighted average common and common equivalent shares outstanding: ............................... 44,677 46,049 ========== ========== Net loss from continuing operations............................... $ (18,684) $ (28,304) Net loss from discontinued operations............................. (1,638) -- ---------- ---------- Net loss.......................................................... $ (20,322) $ (28,304) ========== ========== Net loss per share from continuing operations..................... $ (0.42) $ (0.61) Net loss per share from discontinued operations................... (0.04) -- ---------- ---------- Net loss per share................................................ $ (0.46) $ (0.61) ========== ========== Fully diluted earnings per share are not presented on the face of the Condensed Consolidated Statements of Operations since they are identical to primary earnings per share. (1) Dilutive shares are not included in periods with a net loss