IN FOCUS SYSTEMS, INC.
CALCULATIONS OF NET INCOME PER SHARE
Three Months Ended September 30, Nine Months Ended September 30,
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1996 1995 1996 1995
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Primary Fully Diluted Primary Fully Diluted Primary Fully Diluted Primary Fully Diluted
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Weighted Average Shares
Outstanding for the Period 10,728,595 10,728,595 10,746,044 10,746,044 10,922,934 10,922,934 10,968,744 10,968,744
Dilutive Common Stock
Options Using the Treasury
Stock Method 88,259 88,281 490,645 491,977 455,234 463,325 489,057 495,131
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Total Shares Used for Per
Share Calculations 10,816,854 10,816,876 11,236,689 11,238,021 11,378,168 11,386,259 11,457,801 11,463,875
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Net Income $2,378,000 $2,378,000 $5,982,000 $5,982,000 $8,221,000 $8,221,000 $15,920,000 $15,920,000
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Net Income Per Share $ 0.22 $ 0.22 $ 0.53 $ 0.53 $ 0.72 $ 0.72 $ 1.39 $ 1.39
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