EXHIBIT 11.1
PREMIERE TECHNOLOGIES, INC. AND SUBSIDIARIES
STATEMENT RE COMPUTATION OF NET INCOME (LOSS) PER SHARE
FOR THE YEAR ENDED DECEMBER 31, 1997, 1996, 1995
(IN THOUSANDS)
FOR THE YEARS ENDED DECEMBER 31
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1997 1996 1995
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NET
WEIGHTED WEIGHTED INCOME WEIGHTED NET
AVERAGE NET LOSS NET AVERAGE PER SHARE NET AVERAGE INCOME
NET LOSS SHARES PER SHARE INCOME SHARES AMOUNT INCOME SHARES PER SHARE
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(IN THOUSANDS, EXCEPT PER SHARE DATA)
Net income (loss)............... $(25,375) -- -- $3,458 -- -- $4,171 -- --
Less: Preferred stock dividends. -- -- -- (29) -- -- 308 -- --
Basic net income (loss)......... $(25,375) 32,443 $ (0.78) $3,429 27,670 $0.12 $3,863 19,868 $0.19
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Dilutive Securities
Stock options................... -- -- -- -- 3,618 -- -- 1,348 --
Series A convertible redeemable
8% cumulative preferred stock.. -- -- -- -- -- -- 350 3,096 --
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Diluted net income (loss)....... $(25,375) 32,443 $ (0.78) $3,429 31,288 $0.11 $4,213 24,312 $0.17
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