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 March 31,
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1997 1996
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Primary and fully diluted:
Weighted average common shares
outstanding during the period 17,089 16,260
Common share equivalents:
Dilutive effect of stock options 1,800 -
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Total 18,889 16,260
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Net income (loss) $ 852 $ (260)
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Income (loss) per share $ 0.05 $ (0.02)
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