EXHIBIT 11
DURA PHARMACEUTICALS, INC.
STATEMENTS RE COMPUTATIONS OF NET INCOME (LOSS) PER SHARE
1999 1998 1997
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NET INCOME PER SHARE - BASIC
Net income $ 30,004,000 $ 2,733,000 $ (84,692,000)
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Weighted average number of common shares:
Common stock 44,132,372 46,028,396 43,828,208
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Net income per share $ 0.68 $ 0.06 $ (1.93)
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NET INCOME PER SHARE - DILUTED
Net income $ 30,004,000 $ 2,733,000 $ (84,692,000)
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Weighted average number of common and
common equivalent shares assuming
issuance of all dilutive contingent shares:
Common stock 44,132,372 46,028,396 43,828,208
Stock options 906,859 744,155 -
Warrants 633,070 1,036,440 -
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Total 45,672,301 47,808,991 43,828,208
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Net income per share $ 0.66 $ 0.06 $ (1.93)
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