EXHIBIT 11
DURA PHARMACEUTICALS, INC.
STATEMENTS RE COMPUTATIONS OF NET INCOME PER SHARE
IN THOUSANDS, EXCEPT PER SHARE AMOUNTS
(UNAUDITED)
THREE MONTHS ENDED NINE MONTHS ENDED
SEPTEMBER 30, SEPTEMBER 30,
1999 1998 1999 1998
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NET INCOME PER SHARE - BASIC
Net Income $ 3,536 $ 2,424 $ 18,884 $ 17,765
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Weighted average number of common shares:
Common stock 44,138 46,367 44,107 46,216
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Net Income per share $ 0.08 $ 0.05 $ 0.43 $ 0.38
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NET INCOME PER SHARE - DILUTED
Net Income $ 3,536 $ 2,424 $ 18,884 $ 17,765
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Weighted average number of common and
common equivalent shares assuming
issuance of all dilutive contingent shares:
Common stock 44,138 46,367 44,107 46,216
Stock options 707 482 905 602
Warrants 617 729 643 829
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Total 45,462 47,578 45,655 47,647
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Net Income per share $ 0.08 $ 0.05 $ 0.41 $ 0.37
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