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EXHIBIT 11.01
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INTUIT INC.
COMPUTATION OF NET INCOME PER SHARE
(In thousands, except per share amounts; unaudited)
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THREE MONTHS ENDED SIX MONTHS ENDED
JANUARY 31, JANUARY 31,
1997 1998 1997 1998
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BASIC:
Weighted average common shares outstanding 46,391 47,560 46,220 47,322
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Net income $115,940 $ 41,844 $ 87,636 $ 29,085
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Per share amount $ 2.50 $ 0.88 $ 1.90 $ 0.61
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DILUTED:
Weighted average common shares outstanding 46,391 47,560 46,220 47,322
Equivalent shares issuable upon exercise of
options 1,240 1,878 1,264 1,607
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Shares used in per share amounts 47,631 49,438 47,484 48,929
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Net income $115,940 $ 41,844 $ 87,636 $ 29,085
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Per share amount $ 2.44 $ 0.85 $ 1.85 $ 0.59
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