ADOBE SYSTEMS INCORPORATED
EXHIBIT 11
COMPUTATION OF EARNINGS PER COMMON SHARE
(IN THOUSANDS, EXCEPT PER SHARE DATA)
QUARTER ENDED
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MARCH 1 MARCH 3
1996 1995
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Net income $33,663 $36,144
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Primary shares outstanding:
Weighted average shares
outstanding during the
period 73,108 69,859
Common stock equivalent
shares 3,286 3,029
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76,394 72,888
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Fully diluted shares outstanding:
Weighted average shares
outstanding during the
period 73,108 69,859
Common stock equivalent
shares 3,286 3,478
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76,394 73,337
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Primary net income per
common stock and
common stock equivalent
share $ .44 $ .50
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Fully diluted net income per
common stock and common
stock equivalent share $ .44 $ .49
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