Exhibit 11.1
DESKTOP DATA, INC. AND SUBSIDIARIES
COMPUTATION OF NET EARNINGS PER SHARE
YEAR ENDED
DECEMBER 31,
1996 1995
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Net income $ 4,584,798 $ 2,137,064
Accretion of dividends on Series B preferred
stock - (101,250)
Discount on redemption of Series B preferred
stock - 1,232,238
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Net income (loss) available for common
stockholders $ 4,584,798 $ 3,268,052
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Weighted average common shares outstanding 8,572,200 4,959,013
Weighted average shares to reflect the
conversion of Series A, Series C, and Series D
preferred stock as of the beginning of
the period - 2,350,452
Common stock equivalents outstanding, pursuant
to the treasury stock method 206,279 209,064
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Weighted average number of common and
common equivalent shares outstanding
in 1996 and 1995 8,778,479 7,518,529
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Net income per common and common equivalent
share in 1996 and 1995 $ 0.52 $ 0.43
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