EXHIBIT 11
ACTIVE VOICE CORPORATION
COMPUTATION OF EARNINGS PER SHARE
Three months ended June 30,
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1997 1996
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PRIMARY
Average shares outstanding 4,609,827 4,562,732
Net effect of dilutive stock options based on the treasury
stock method using average market price 27,999 65,382
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Total 4,637,826 4,628,114
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Net income $455,000 $771,000
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Per share amount $0.10 $0.17
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FULLY DILUTED
Average shares outstanding 4,609,827 4,562,732
Net effect of dilutive stock options based on the treasury
stock method using the period end market price, if higher
than average market price 28,858 65,428
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Total 4,638,685 4,628,160
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Net income $455,000 $771,000
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Per share amount $0.10 $0.17
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