EXHIBIT 11
DETAIL COMPUTATION OF EARNINGS PER SHARE
Digi International
Exhibit 11
Detail Computation of Earnings Per Share
Three month period ended
December 31
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1996 1995
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PER SHARE DATA
Net (loss) income $ (2,578,007) $4,521,901
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Net (loss) income per common
and common equivalent share
Primary $ (0.19) $ 0.33
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Fully diluted $ (0.19) $ 0.33
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WEIGHTED AVERAGE NUMBER OF COMMON
AND COMMON EQUIVALENT SHARES
Primary:
Weighted average of common
shares outstanding 13,354,080 13,427,011
Dilutive stock options, using
treasury stock method - 475,722
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13,354,080 13,902,733
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Fully diluted:
Weighted average of common
shares outstanding 13,354,080 13,427,011
Dilutive stock options, using
treasury stock method - 475,676
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13,354,080 13,902,687
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NOTE: The calculation of fully diluted earnings per share is submitted in
compliance with Regulation S-K Item 601(b) (11) although not required by
footnote 2 to paragraph 14 of APB Opinion No. 15 because it results in
less than 3% dilution.
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