EXHIBIT 11.01 UNIFY CORPORATION STATEMENT REGARDING COMPUTATION OF NET INCOME (LOSS) PER SHARE (IN THOUSANDS, EXCEPT PER SHARE DATA) (UNAUDITED) Three Months Ended Jan. 31, Nine Months Ended Jan. 31, --------------------------- -------------------------- 1997 1996 1997 1996 ----------- ------------- ------------ ---------- Net income (loss) $ (7,974) $ 14 $ (9,363) $ (1,327) ---------- ------- ---------- --------- ---------- ------- ---------- --------- Weighted average common shares out- standing during the period 8,038 1,114 3,989 1,169 Weighted average preferred shares and dividends outstanding on an as if converted basis - 3,480 3,566 3,423 Common share equivalents for stock options and warrants outstanding using the treasury stock method - 544 - - Common share equivalents for stock options and warrants issued at prices below the IPO price during the twelve month period prior to the offering - 1,100 - 1,100 ---------- ------- ---------- --------- Total shares used in per share computation 8,038 6,238 7,555 5,692 ---------- ------- ---------- --------- ---------- ------- ---------- --------- Net income (loss) per share $ (0.99) $ 0.00 $ (1.24) $ (0.23) ---------- ------- ---------- --------- ---------- ------- ---------- ---------