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EXHIBIT 11.1
PIXAR
STATEMENT OF COMPUTATIONS OF NET INCOME PER SHARE
(IN THOUSANDS, EXCEPT PER SHARE DATA)
(UNAUDITED)
Three Months Ended Six Months Ended
June 30, June 30,
1997 1996 1997 1996
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Weighted average number of shares 41,261 38,350 40,503 38,318
outstanding
Common stock equivalents 6,759 8,652 7,050 8,710
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Total shares used in computing net income
(loss) per share 48,020 47,002 47,553 47,028
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Net income from continuing operations $ 8,929 $ 4,517 $ 14,154 11,024
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Net income per share from continuing
operations $ 0.19 $ 0.09 $ 0.30 $ 0.24
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Net income (loss) from discontinued
operations $ -- $ 273 $ (77) $ 45
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Net income (loss) per share from
discontinued operations $ -- $ 0.01 $ -- $ --
========== ========== ========== ==========
Net income $ 8,929 $ 4,790 $ 14,077 $ 11,069
========== ========== ========== ==========
Net income per share $ 0.19 $ 0.10 $ 0.30 $ 0.24
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