EXHIBIT 11.01 ELECTRONIC ARTS INC. AND SUBSIDIARIES COMPUTATION OF PER SHARE EARNINGS Years Ended March 31, ----------------------------------------- 1996 1995 1994 ----------------------------------------- Net Income $40,489,000 $55,718,000 $44,737,000 Weighted average number of outstanding shares used in computation: Preferred Stock - - - Common Stock 51,992,165 50,329,131 49,195,735 Number of common stock equivalents as a result of stock options outstanding using the treasury stock method 2,170,355 1,967,643 3,089,977 ---------- ---------- ---------- Total common stock and 54,162,520 52,296,774 52,285,712 equivalents ---------- ---------- ---------- ---------- ---------- ---------- Primary and fully diluted net income per share $ 0.75 $ 1.07 $ 0.86 ---------- ---------- ---------- ---------- ---------- ---------- 58