Exhibit 11
Wind River Systems, Inc.
Computation of Earnings per Share
(in thousands, except per share amounts)
(unaudited)
Three months ended
July 31,
1997 1996
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Primary:
Weighted average shares outstanding $ 25,384 $ 21,607
Net effect of dilutive stock options 2,813 3,026
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Total shares $ 28,197 $ 24,633
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Net income $ 3,870 $ 2,090
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Net income per share $ 0.14 $ 0.08
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Fully Diluted:
Weighted average shares outstanding $ 25,384 $ 21,607
Net effect of dilutive stock options 2,989 3,121
"If converted" conversion of convertible subordinated notes 0 0
(Note 1)
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Total shares $ 28,373 $ 24,728
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Net income $ 3,870 $ 2,090
Add:
Convertible subordinated notes interest, net of taxes 0 0
Expenses attributable to convertible notes issued, net of taxes 0 0
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Adjusted net income $ 3,870 $ 2,090
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Net income per share $ 0.14 $ 0.08
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Note 1 The effect of potential conversion of the 5% Convertible Subordinated
Notes have not been included in the fully diluted EPS calculation for
second fiscal quarters of 1998 and 1997 because they are
anti-dilutive.