EXHIBIT 11.1
NETWORK COMPUTING DEVICES, INC.
STATEMENT RE: COMPUTATIONS OF NET INCOME (LOSS) PER SHARE
(IN THOUSANDS, EXCEPT PER SHARE AMOUNTS )
(UNAUDITED)
Quarter Ended Six Months Ended
June 30, June 30,
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1995 1994 1995 1994
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PRIMARY
Net income (loss)---- primary....... $ 85 $ 182 $ 389 $ (9,028)
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Weighted average common shares
during the period................. 15,652 16,699 15,598 16,305
Common stock options, treasury
stock method...................... 1,351 628 1,199 314
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Shares used in computing primary
net income (loss) per share....... 17,003 17,327 16,797 16,619
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Net income (loss) per share -
primary........................... $ .00 $ .01 $ .02 $ (.54)
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FULLY DILUTED
Net income (loss)--- fully diluted.. $ 85 $(6,847) $ 389 $(15,912)
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Weighted average common shares
during the period................. 15,652 16,700 15,598 16,305
Weighted average common shares
contingently payable.............. -- 1,183 -- 907
Common stock options, treasury
stock method...................... 1,351 -- 1,199 --
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Shares used in computing primary
net income (loss) per share....... 17,003 17,883 16,797 15,630
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Net income (loss) per share -
fully diluted..................... $ 0.00 $ (0.38) $ 0.02 $ (0.92)
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