EXHIBIT 11
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LHS GROUP INC.
COMPUTATION OF NET EARNINGS (LOSS) PER SHARE
Second quarter ended June 30, Six months ended June 30,
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1997 1996 1997 1996
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Net earnings (loss) used to calculate primary
and fully diluted earnings (loss) per share $2,041,000 $ (195,000) $ 3,192,000 $ (994,000)
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Number of shares used in calculation
of per share data:
Primary per common share information:
Weighted average number of common shares
outstanding during the period 22,454,763 20,000,000 21,259,025 20,000,000
Weighted average number of common equivalent
shares (determined by the treasury stock
method) composed of shares issuable upon
exercise of stock options 2,276,926 1,977,003 2,139,661 1,977,003
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Weighted average number of shares used in
calculating primary earnings (loss) per share 24,731,689 21,977,003 23,398,686 21,977,003
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Primary net earnings (loss) per share $0.08 ($0.01) $0.14 ($0.05)
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Fully diluted per common share information:
Weighted average number of common shares
outstanding during the period 22,454,763 20,000,000 21,259,025 20,000,000
Weighted average number of common equivalent
shares (determined by the treasury stock
method) composed of shares issuable upon
exercise of stock options 2,539,828 1,977,003 2,551,643 1,977,003
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Weighted average number of shares used in
calculating fully diluted earnings
(loss) per share 24,994,591 21,977,003 23,810,668 21,977,003
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Fully diluted net earnings (loss) per share $0.08 ($0.01) $0.13 ($0.05)
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