EXHIBIT 11.1
IWERKS ENTERTAINMENT, INC.
Earnings Per Share
For the years ended June 30, 1994, 1995 and 1996
1994 1995 1996
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Weighted average shares outstanding 6,930,809 10,209,663 10,945,499
Common equivalent shares:
Options and warrants - - 1,198,800
Incremental effect for the period
prior to the initial public
offering of convertible preferred
stock (Series A to E) 734,832 - -
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7,665,641 10,209,663 12,144,299
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Net income (loss) $(8,055,094) $(13,473,193) $ 3,098,726
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Net income (loss) per share $ (1.05) $ (1.32) $ .26
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