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EXHIBIT 11.01
HNC SOFTWARE INC.
STATEMENT REGARDING
COMPUTATION OF PER SHARE EARNINGS
(IN THOUSANDS, EXCEPT PER SHARE DATA)
THREE MONTHS ENDED SEPTEMBER 30, NINE MONTHS ENDED SEPTEMBER 30,
1996 1995 1996 1995
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PRIMARY FULLY DILUTED PRIMARY FULLY DILUTED
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NET INCOME (LOSS) $ 1,379 $ 1,379 $ 2,537 $ 975 $ 975 $ 2,751
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SHARES (1)
Weighted average common shares outstanding 17,478 17,478 15,269 17,184 17,184 4,681
Weighted average common stock options and
warrants as determined by application of the
treasury stock method (2) 1,454 1,593 1,970 1,720 1,797 1,952
Weighted average preferred shares outstanding
assuming conversion to common stock - - - - - 8,957
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Weighted average common and common
equivalent shares outstanding 18,932 19,071 17,239 18,904 18,981
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Pro forma weighted average common and common
equivalent shares outstanding 15,590
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NET INCOME PER SHARE OF COMMON STOCK $ 0.07 $ 0.07 $ 0.15 $ 0.05 $ 0.05
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PRO FORMA NET INCOME PER SHARE OF COMMON STOCK $ 0.18
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(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.
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