EXHIBIT 11
CLAREMONT TECHNOLOGY GROUP, INC.
AND SUBSIDIARIES
CALCULATIONS OF NET INCOME PER SHARE
(IN THOUSANDS, EXCEPT PER SHARE AMOUNTS)
Three Months Ended March 31, Nine Months Ended March 31,
------------------------------------------------ ------------------------------------------------
1997 1996 1997 1996
----------------------- ----------------------- ----------------------- -----------------------
Primary Fully Diluted Primary Fully Diluted Primary Fully Diluted Primary Fully Diluted
----------------------- ----------------------- ----------------------- -----------------------
Weighted Average Shares
Outstanding for the Period 7,913 7,913 4,570 4,570 7,366 7,366 4,525 4,525
Dilutive Common Stock
Options Using the Treasury
Stock Method 2,011 2,009 2,649 2,517 2,307 2,306 2,671 2,557
Shares added pursuant to
SAB 83 - - 466 466 - - 466 466
----------------------- ----------------------- ----------------------- -----------------------
Total Shares Used for Per
Share Calculations 9,924 9,922 7,685 7,553 9,673 9,672 7,662 7,548
----------------------- ----------------------- ----------------------- -----------------------
----------------------- ----------------------- ----------------------- -----------------------
Net Income $ 1,296 $ 1,296 $ 495 $ 495 $ 3,813 $ 3,813 $ 2,205 $ 2,205
Adjustment to Income to
Give Effect for 20% Treasury
Stock Limitation - - 32 27 - - 53 52
----------------------- ----------------------- ----------------------- -----------------------
Net Income as Adjusted $ 1,296 $ 1,296 $ 527 $ 522 $ 3,813 $ 3,813 $ 2,258 $ 2,257
----------------------- ----------------------- ----------------------- -----------------------
----------------------- ----------------------- ----------------------- -----------------------
Net Income Per Share $ 0.13 $ 0.13 $ 0.07 $ 0.07 $ 0.40 $ 0.39 $ 0.29 $ 0.30
----------------------- ----------------------- ----------------------- -----------------------
----------------------- ----------------------- ----------------------- -----------------------