EXHIBIT 11.1
DSP COMMUNICATIONS, INC.
STATEMENT REGARDING COMPUTATION OF NET INCOME (LOSS) PER SHARE
(in thousands except per share data)
YEARS ENDED DECEMBER 31,
1996 1995 1994
----------- --------- ---------
Primary:
Shares used in calculation of net income
(loss) per share:
Average common and Class B Ordinary shares
outstanding 41,865 30,252 11,912
Net effect of dilutive stock options and
warrants 3,699 -- 3,080
Shares related to SAB Nos. 55, 64 and 83 -- -- 1,584
Class A Convertible Ordinary shares, if
converted -- -- 9,048
-----------------------------
45,564 30,252 25,624
-----------------------------
-----------------------------
Net income (loss) $21,750 $(2,358) $ 2,233
-----------------------------
-----------------------------
Net income (loss) per share $ 0.48 $ (0.08) $ 0.09
-----------------------------
-----------------------------
YEARS ENDED DECEMBER 31,
1996 1995 1994
----------- --------- ---------
Fully Diluted:
Shares used in calculation of net income
(loss) per share:
Average common and Class B Ordinary shares
outstanding 41,865 30,252 11,912
Net effect of dilutive stock options and
warrants 3,895 -- 3,080
Shares related to SAB Nos. 55, 64 and 83 -- -- 1,584
Class A Convertible Ordinary shares, if
converted -- -- 9,048
-----------------------------
45,760 30,252 25,624
-----------------------------
-----------------------------
Net income (loss) $21,750 $(2,358) $ 2,233
-----------------------------
-----------------------------
Net income (loss) per share $ 0.48 $ (0.08) $ 0.09
-----------------------------
-----------------------------
Note: Net income (loss) per share information reflects the common stock
two-for-one split effected in March 1996 and the common stock two-for-one
split effected in December 1996.