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 June 30, Six Months Ended June 30,
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1997 1996 1997 1996
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Primary:
Weighted average common shares
outstanding during the period 17,121 16,504 17,105 16,382
Common share equivalents:
Dilutive effect of stock options 1,699 - 1,752 -
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Total 18,820 16,504 18,857 16,382
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Net income (loss) $ 697 $ (6,047) $ 1,549 $ (6,307)
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Primary income (loss) per share $ 0.04 $ (0.37) $ 0.08 $ (0.38)
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Fully Diluted:
Weighted average common shares
outstanding during the period 17,121 16,504 17,105 16,382
Common share equivalents:
Dilutive effect of stock options 1,700 - 1,753 -
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Total 18,821 16,504 18,858 16,382
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Net income (loss), adjusted
for fully diluted calculations $ 697 $ (6,047) $ 1,549 $ (6,307)
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Fully diluted income (loss) per share $ 0.04 $ (0.37) $ 0.08 $ (0.38)
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