EXHIBIT 11 FTP SOFTWARE, INC. WEIGHTED SHARES USED IN COMPUTATION OF EARNINGS PER SHARE FULLY DILUTED PRIMARY For the three months ended March 31, 1995: Common stock outstanding, beginning of period 23,344,122 23,344,122 Weighted average common stock issued during the three months ended March 31, 1995 588,913 588,913 Weighted average common stock equivalents 6,300,693 6,300,693 Weighted average treasury shares acquired using the treasury stock method (1,513,043) (1,709,660) ---------- ---------- Weighted average shares of common stock outstanding, end of period 28,720,685 28,524,068 ========== ========== For the three months ended March 31, 1996: Common stock outstanding, beginning of period 26,506,729 26,506,729 Weighted average common stock issued during the three months ended March 31, 1996 432,279 432,279 ---------- ---------- Weighted average shares of common stock outstanding, end of period 26,939,008 26,939,008 ========== ==========