EXHIBIT 11
CLAREMONT TECHNOLOGY GROUP, INC.
AND SUBSIDIARIES
CALCULATIONS OF NET INCOME PER SHARE
(in thousands, except per share amounts)
Three Months Ended September 30,
-------------------------------------------------------
1996 1995
-------------------------- --------------------------
Primary Fully Diluted Primary Fully Diluted
------- ------------- ------- -------------
Weighted Average Shares
Outstanding for the Period 6,623 6,623 4,505 4,505
Dilutive Warrants Using
the Treasury Stock Method 220 285 -- --
Dilutive Common Stock
Options Using the Treasury
Stock Method 2,437 2,516 2,709 2,691
Shares added pursuant to
SAB 83 -- -- 466 466
------- ------- ------ -------
Total Shares Used for Per
Share Calculations 9,280 9,424 7,680 7,662
====== ====== ====== =======
Net Income $1,067 $1,067 $538 $538
Adjustment to Income to
Give Effect for 20% Treasury
Stock Limitation -- -- 33 32
------ ------ ------ -------
Net Income as Adjusted $1,067 $1,067 $571 $570
====== ====== ====== =======
Net Income Per Share $0.12 $0.11 $0.07 $0.07
====== ====== ====== =======