Exhibit 11.1
NETWORK COMPUTING DEVICES, INC.
Statement Regarding Computation of Shares
Used in Income (Loss) Per Share Computations
(IN THOUSANDS, EXCEPT PER SHARE AMOUNTS)
Three Months Ended September 30, Nine Months Ended September 30,
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1996 1995 1996 1995
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Primary:
Weighted average common shares
outstanding during the period 16,615 15,851 16,460 15,783
Common share equivalents:
Dilutive effect of stock options 507 - - -
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Total 17,122 15,851 16,460 15,783
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Net income (loss) $ 20 ($4,719) $ (6,287) ($4,330)
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Primary income (loss) per share $0.00 ($0.30) ($0.38) ($0.27)
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Fully Diluted:
Weighted average common shares
outstanding during the period 16,615 15,851 16,460 15,783
Common share equivalents:
Dilutive effect of stock options 1,085 - - -
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Total 17,700 15,851 16,460 15,783
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Net income (loss), adjusted
for fully diluted calculations $20 ($4,719) ($6,287) ($4,330)
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Fully diluted income (loss) per share $0.00 ($0.30) ($0.38) ($0.27)
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