1 EXHIBIT 11.01 HNC SOFTWARE INC. STATEMENT REGARDING COMPUTATION OF PER SHARE EARNINGS (LOSS) (IN THOUSANDS, EXCEPT PER SHARE DATA) FISCAL YEAR ENDED DECEMBER 31, SIX MONTHS ENDED JUNE 30, 1995 1994 1996 1995 ---- ---- ---- ---- NET INCOME (LOSS) $ 2,505 $ 548 $ (404) $ 214 ======= ======== ======= ======== SHARES (1) Weighted average common shares outstanding 9,678 3,756 17,040 3,915 Weighted average common stock options and warrants as determined by application of the treasury stock method (2) 2,066 1,456 1,849 1,890 Weighted average preferred shares outstanding assuming conversion to common stock 4,454 8,552 - 8,957 -------- -------- -------- -------- Pro forma weighted average common and common equivalent shares outstanding 16,198 13,764 14,762 ======== ======== ======== Weighted average common and common equivalent shares outstanding 18,889 ======== PRO FORMA NET INCOME PER SHARE OF COMMON STOCK $ 0.15 $ 0.04 $ 0.01 ======== NET LOSS PER SHARE OF COMMON STOCK $ (0.02) ======== - -------------------- (1) All share and per share amounts have been adjusted to give retroactive effect to the stock split, which occurred on April 3, 1996. (2) Includes an adjustment for options pursuant to SAB No. 83 using the treasury stock method at the initial public offering price of $7.00 per share for all periods presented prior to or including the Company's public offering date of June 26, 1995. 61