EXHIBIT 11
PERITUS SOFTWARE SERVICES, INC.
STATEMENT RE COMPUTATION OF EARNINGS PER COMMON SHARE
(IN THOUSANDS, EXCEPT PER SHARE-RELATED DATA)
(UNAUDITED)
Three months ended Nine months ended
September 30, September 30,
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1998 1997* 1998 1997*
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Net income (loss).......................................... $(16,132) $ 84 $(21,329) $ 928
Preferred stock preference items:
Accrual of cumulative dividends on Series A and B
preferred stock.......................................... - - - 675
Accretion to redemption value of redeemable stock......... - - - 57
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Total preferred stock preference items.................. - - - 732
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Net income (loss) attributable to common stockholders......
$(16,132) $ 84 $(21,329) $ 196
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Weighted average shares outstanding-Basic.................. 16,294 12,432 16,121 8,107
Adjustments thereto:
Shares attributable to common stock equivalents........... - 1,848 - 3,359
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Weighted average shares outstanding-Diluted................ 16,294 14,280 16,121 11,466
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Net income (loss) per share:
Basic..................................................... $ (0.99) $ 0.01 $ (1.32) $ 0.02
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Diluted................................................... $ (0.99) $ 0.01 $ (1.32) $ 0.02
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*Restated - See Note 2 of the Unaudited Consolidated Financial
Statements for the quarterly period ended September 30, 1998.