ADOBE SYSTEMS INCORPORATED
EXHIBIT 11
COMPUTATION OF EARNINGS PER COMMON SHARE
(IN THOUSANDS, EXCEPT PER SHARE DATA)
(UNAUDITED)
Quarters Ended Nine Months Ended
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September 1 August 26 September 1 August 26
1995 1994 1995 1994
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Net income $ 29,453 $ 18,061 $ 97,705 $ 54,460
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Primary shares outstanding:
Weighted average shares
outstanding during the
period 63,664 59,914 62,707 59,390
Common stock equivalent
shares 3,457 2,652 3,325 2,484
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67,121 62,566 66,032 61,874
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Fully diluted shares outstanding:
Weighted average shares
outstanding during the
period 63,664 59,914 62,707 59,390
Common stock equivalent
shares 3,458 2,971 3,486 2,750
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67,122 62,885 66,193 62,140
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Primary net income per
common stock and common
stock equivalent share $ .44 $ . 29 $ 1.48 $ .88
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Fully diluted net income per
common stock and common
stock equivalent share $ .44 $ .29 $ 1.48 $ .88
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