EXHIBIT 11.01
COMPUTATION OF NET INCOME (LOSS PER SHARE)
(in thousands, except per share data)
Nine Months Ended
Year Ended September 30, June 30,
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1995 1994 1993 1996 1995
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Average common shares outstanding 15,049 13,598 12,905 17,830 14,386
Net effect of dilutive stock options - based
on the treasury stock method using
average market price - - - 120
-
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Totals 15,049 13,598 12,905 17,950 14,386
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Net Income (loss) $(131,742) $(77,475) $(20,139) $ 8,849 $(13,857)
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Per share amount $ (8.75) $ (5.70) $ (1.56) $ 0.49 $ (0.96)
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Fully diluted:
Average common shares outstanding 15,049 13,598 12,905 17,830 14,386
Net effect of dilutive stock options - based
on the treasury stock method using
quarter end market price which is
greater than average market price 121 -
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Totals 15,049 13,598 12,905 17,951 14,386
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Net income (loss) $(131,742) $(77,475) $(20,136) $ 8,849 $(13,857)
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Per share amount* $ (8.75) $ (5.70) $ (1.56) $ 0.49 $ (0.96)
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* The primary net income (loss) per share is shown in the statements of
operations. Net income (loss) per share under the primary and fully
diluted calculations are equivalent.