EXHIBIT 11.1
UNIFY CORPORATION
STATEMENT OF COMPUTATION OF NET INCOME (LOSS) PER SHARE
(IN THOUSANDS, EXCEPT PER SHARE DATA)
(UNAUDITED)
THREE MONTHS ENDED JULY 31,
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1997 1996
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Net income (loss) $ (2,175) $ 187
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Weighted average shares of common stock
outstanding 8,180 3,100
Weighted average shares of redeemable preferred
stock outstanding (1) - 3,566
Weighted average common share equivalents for
stock options and warrants outstanding (2) - 784
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8,180 7,450
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Net income (loss) per share $ (0.27) $ 0.03
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(1) Computed using the as-if-converted method.
(2) Computed using the treasury stock method.
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