EXHIBIT 11
PIMCO Advisors L.P.
Computations of Primary Net Income Per Unit
(in thousands, except per unit amounts)
(Unaudited)
For the three months ended March 31,
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General Partner
and Class A Class B
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1996 1995 1996 1995
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Net income $19,363 $13,140 $19,363 $13,140
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Weighted average number of units outstanding 40,921 40,818 32,961 32,961
Weighted average effect of Limited Partnership
unit options 1,474 1,096 1,355 -
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Weighted average number of units and unit
equivalents used to calculate net income per unit 42,395 41,914 34,316 32,691
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Net income per unit $ 0.31 $ 0.26 $ 0.19 $ 0.07
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PIMCO Advisors L.P.
Computations of Fully Diluted Net Income Per Unit
(in thousands, except per unit amounts)
(Unaudited)
For the three months ended March 31,
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General Partner
and Class A Class B
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1996 1995 1996 1995
------- ------- ------- -------
Net income $19,363 $13,140 $19,363 $13,140
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Weighted average number of units 40,921 40,818 32,961 32,961
outstanding
Weighted average effect of Limited Partnership
unit options 1,474 1,096 1,355 -
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Weighted average number of units and unit equivalents
used to calculate net income per unit 42,395 41,914 34,316 32,691
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Net income per unit $ 0.31 $ 0.26 $ 0.19 $ 0.07
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